102 brokerage firms, 16 merchant banks to participate

FE Team | Published: August 22, 2014 00:00:00 | Updated: November 30, 2026 06:01:00

FE Report
Some 102 brokerage firms of both the bourses and 16 merchant banks will participate in the pilot project of new IPO (initial public offering) process by receiving money against the BO (beneficiary owner's) accounts of the IPO seekers, officials said.
As per the regulatory decision, the new process of collecting public money from the IPO seekers will be introduced by the company which will start its public subscription at first in September, 2014.
Dhaka Stock Exchange (DSE) Thursday made public the names of its 66 brokerage firms which will collect money against the BO accounts of their clients.
The brokerage firms are: AK Khan Securities, International Leasing Securities, BRAC EPL Stock Brokerage, MAH Securities, Adil Securities, GreenLand Equities, Royal Capital, Vision Capital Management, ETBL Securities and Exchange, Dhaulatunnessa Equities, Haji Ahmed Brothers Securities, Rapid Securities, AB & Co Limited, M Securities, SAHCO Securities, Imtiaz Hossain Securities, Mian Abdur Rashid Securities, Shahjahan Securities, ASENZ Securities, Popular Equities, Mohammad Talha and Co, HAQ Securities, Asia Securities, Uniroyal Securities, Md. Fakhrul Islam Securities, SIBL Securities, Salta Capital, Jamal Ahmed Securities, Howlader Equity Services, Islami Bank Securities, Ettihad Securities, ANF Management Company, K Securities and Consultants, Rose Securities, Dynamic Securities and Consultants, LankaBangla Securities, Moshihor Securities, Cosmopolitan Traders, Joytun Securities International, Shakil Rizvi Stock, EMES Securities, Standard Bank Securities, Trustee Securities, Mona Financial Consultancy and Securities, Tobarrak Securities, TA Khan Securities, BLI Securities, Peoples Equity, Commerce Bank Securities and Investment, UCB Capital Management, Razzak Securities, Delta Capital, GMF Securities, Globe Securities, Eminent Securities, DBL Securities, Parkway Securities, MTB Securities, AD Holdings, Pubali Bank Securities, Mika Securities, BRB Securities, Modern Securities, IIDFC Securities, ANW Securities and One Securities.
The names of brokerage firms which will take part in pilot project of new IPO process were not available Thursday.
The merchant banks which will also take part in pilot project are: ICB Capital Management, IDLC Investments, Exim Islami Investment, Imperial Capital, AFC Capital, Prime Finance Capital Management, FAS Capital Management, Trust Bank Investment, City Bank Capital Resources, Unicap Investments, SBL capital Management, Jamuna Bank Capital Management, LankaBangla Investments, EC Securities, BLI Capital and Prime Bank Investment.