Padma Life Insurance Ltd. IPO Submit Your Application With About 48 times


Primary  of shares allocated to receive the Padma Islami Life Insurance Company, the investor has a total of 8 lac 97 thousand 748 in the application. 578 crore 45 lakh and  45 thousand with the application submitted. The company, which is about 48 times higher than the IPO price. This information has been primarily from the company.

The  face value of Rs 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 to collect money from Stock Market The Securities and Exchange Commission in November (SEC) approved. The company is authorized and paid up capital of Rs 100 crore to 18 crore in the capital. Paid up capital of 30 crores will be raised at the IPO process. Insurance Law and the capital paid in accordance with the requirements of 010 companies from collecting the money. Union Capital Limited, the manager of the company's issued share responsibility for the cataloging of it.

 

  

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