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Shahin
Padma Life Insurance Ltd. IPO subscribed 48 times !!!
For the Primary shares allocated by Padma Islami Life Insurance Company, the invesrors have a total of 8 lac 97 thousand and 748 in the application. 578 crore 45 lakh and 45 thousand application have been submitted which is about 48 times higher than the IPO price ! This information has been obtained primarily from the Company.
The face value of Tk 10 lac shares in the company of 1 crore 20 lac to collect the money. The foreign investors for 12 lac and 12 lac shares to Mutual fund will be allocated. The remaining 96 lac shares will be allocated to General investors. General Investors and Mutual Fund shares for a total of 8 lac 61 thousand 208 total in the application submitted. These two categories 559 crore 68 lakh 45 thousand amount submission. 36 thousand 540 in total and by Bangladeshi application submitted with 18 crore 77 lakh. In the three categories of applicants will be allocated only 24 thousand people in this company.
Padma Islami Life Insurance Company is to collect money from Stock Market The Securities and Exchange Commission (SEC) in November approved the proposal. Paid up capital of 30 crores will be raised from the IPO process. In accordance with the requirements & Insurance Law the capital will be collected with the help of 10 companies.
The face value of Tk 10 lac shares in the company of 1 crore 20 lac to collect the money. The foreign investors for 12 lac and 12 lac shares to Mutual fund will be allocated. The remaining 96 lac shares will be allocated to General investors. General Investors and Mutual Fund shares for a total of 8 lac 61 thousand 208 total in the application submitted. These two categories 559 crore 68 lakh 45 thousand amount submission. 36 thousand 540 in total and by Bangladeshi application submitted with 18 crore 77 lakh. In the three categories of applicants will be allocated only 24 thousand people in this company.
Padma Islami Life Insurance Company is to collect money from Stock Market The Securities and Exchange Commission (SEC) in November approved the proposal. Paid up capital of 30 crores will be raised from the IPO process. In accordance with the requirements & Insurance Law the capital will be collected with the help of 10 companies.
Posted in: dse,IPO Results
1 comments:
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