IPO lottery of International Leasing held
Monday, 13 August 2007
FE Report
The IPO lottery of share allotment of International Leasing and Financial Services Limited (ILFSL) was held in the city Sunday.
The function was attended by a number of investors, representatives from the Securities and Exchange Commission (SEC), DSE and CSE, Central Depository of Bangladesh Limited, underwriters, bankers to the issue, issue manager, post issue manager, media professionals, clients, business associates and well wishers.
The trading of ILFSL's shares is likely to start in the bourses by next month (September).
Earlier, the company got consent from the SEC to raise its capital to Tk 112.5 million - Tk 50.0 million as paid up capital and Tk 62.5 million as share premium - by offering 500,000 shares to the general public at an offered price of Tk 225.00, with a face value of Tk 100.00 and premium of Tk 125.00 per share.
After completion of the IPO, the company's paid up share capital will be Tk 230.0 million from the present Tk 180.0 million.
The applications for shares were received from July 2 to July 8. The company's share offering in the IPO was over-subscribed by 30.5 times.
The IPO lottery of share allotment of International Leasing and Financial Services Limited (ILFSL) was held in the city Sunday.
The function was attended by a number of investors, representatives from the Securities and Exchange Commission (SEC), DSE and CSE, Central Depository of Bangladesh Limited, underwriters, bankers to the issue, issue manager, post issue manager, media professionals, clients, business associates and well wishers.
The trading of ILFSL's shares is likely to start in the bourses by next month (September).
Earlier, the company got consent from the SEC to raise its capital to Tk 112.5 million - Tk 50.0 million as paid up capital and Tk 62.5 million as share premium - by offering 500,000 shares to the general public at an offered price of Tk 225.00, with a face value of Tk 100.00 and premium of Tk 125.00 per share.
After completion of the IPO, the company's paid up share capital will be Tk 230.0 million from the present Tk 180.0 million.
The applications for shares were received from July 2 to July 8. The company's share offering in the IPO was over-subscribed by 30.5 times.