Tag Archives: IPO

MNA Business Desk: The securities regulator has advised the country’s premier bourse to form an expert panel to scrutinize the upcoming initial public offerings (IPO) prospectus properly. The Bangladesh Securities and Exchange Commission (BSEC) chairman M Khairul Hossain advised the board of directors of the DSE to form the expert panel to assess the IPO prospectus of companies seeking to float IPOs, said a DSE statement. The securities regulator also assured that the commission will give approval to the IPO of a company if the Dhaka Stock Exchange (DSE) expert panel would be satisfied with the company’s financial statements. The ...

MNA Business Desk: Star Ceramics, among the most premium tiles and sanitaryware companies of Bangladesh, organized a Road show at Radisson Hotel, Dhaka,to announce their plan to raise equity through IPO under book-building method. Subject to regulatory approval, Star Ceramics intends to raise BDT 60 crore from the IPO. About BDT 43 crore for expansion of its sanitaryware project and the rest for loan repayment and meeting IPO expenses. The program witnessed an unusually large attendance of eight hundred plus guests including eligible investors comprising merchant bankers, portfolio managers, asset managers, fund managers, stock dealers, alternative investment fund manager, recognized ...