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17 cos raise Tk 12.64b through IPOs

FE Report | Wednesday, 17 June 2015



Some 17 companies raised an aggregate amount of fund worth Tk 12.64 billion, including the premium, from the capital market during the fiscal year (FY) 2014-15.
According to information of Dhaka Stock Exchange (DSE), out of 17 companies, 10 took the premium worth Tk 7.93 billion.
Some 10 companies raised capital worth Tk 4.71 billion, other than their premiums, by offloading their shares through IPOs (initial public offering).
Saif Powertec raised capital worth Tk 360 million, including the premium of Tk 240 million.
Ratanpur Steel Re-Rolling Mills raised a fund worth Tk 1.0 billion, including the premium of Tk 750 million.
Western Marine Shipyard took the premium worth Tk 1.12 billion while raising a capital worth Tk 1.57 billion.
Hamid Fabrics raised a fund worth Tk 1.05 billion, including the premium of Tk 750 million.
IFAD Autos took the premium worth above Tk 425 million while raising the fund worth Tk 637 million.
United Power Generation raised a fund worth above Tk 2.37 billion, including the premium of above Tk 2.04 million.
Among other companies, Tosrifa Industries got a premium of Tk 390 million and Amam Feeds Tk 520 million.
Khan Brother PP Woven Bags raised a fund worth Tk 200 million, whereas National Feed Mills raised a fund worth Tk 180 million, C & A Textiles Tk 450 million, Zaheen Spinning Tk 120 million, Olympic Accessories Tk 200 million and Bangladesh National Insurance Tk 177 million.
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