Trading of the shares of AFC Agro Biotech Limited will commence at the
Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) from
today (Tuesday) under 'N' category, officials said.
DSE Trading Code for AFC Agro Biotech is 'AFCAGRO' and DSE Company Code is 18489 while the CSE Scrip ID is 13029 and Scrip Code is 'AFCAGRO'. A market lot is 500 shares.
AFC Agro Biotech Ltd, which produces agro based pharmaceutical fermentation products, floated 12 million ordinary shares of Tk 10, and raised a fund worth Tk 120 million under the fixed price method.
The company's initial public offering (IPO) subscription was held December 8 to December 12, 2013 for resident Bangladeshis while it was continued till December 21. Lottery of the IPO was held in January last and oversubscribed by more than 60 times on offer, indicating strong investor interest.
The company's IPO proceeds used to purchase new machineries and bear the expanses of the process of public offering.
As per the company's half-yearly financial statement for the year ended on June 30, 2013 the earning per share (EPS) and net asset value (NAV) per share are Tk 1.01 and Tk 11.10 respectively.
Imperial Capital and Sigma Capital Management acted as issue managers of the AFC Agro Biotech IPO.
Bangladesh Securities and Exchange Commission (BSEC) gave the green light to AFC Agro Biotech on October 8, last year.
DSE Trading Code for AFC Agro Biotech is 'AFCAGRO' and DSE Company Code is 18489 while the CSE Scrip ID is 13029 and Scrip Code is 'AFCAGRO'. A market lot is 500 shares.
AFC Agro Biotech Ltd, which produces agro based pharmaceutical fermentation products, floated 12 million ordinary shares of Tk 10, and raised a fund worth Tk 120 million under the fixed price method.
The company's initial public offering (IPO) subscription was held December 8 to December 12, 2013 for resident Bangladeshis while it was continued till December 21. Lottery of the IPO was held in January last and oversubscribed by more than 60 times on offer, indicating strong investor interest.
The company's IPO proceeds used to purchase new machineries and bear the expanses of the process of public offering.
As per the company's half-yearly financial statement for the year ended on June 30, 2013 the earning per share (EPS) and net asset value (NAV) per share are Tk 1.01 and Tk 11.10 respectively.
Imperial Capital and Sigma Capital Management acted as issue managers of the AFC Agro Biotech IPO.
Bangladesh Securities and Exchange Commission (BSEC) gave the green light to AFC Agro Biotech on October 8, last year.
Blogger Comment
Facebook Comment