Far Chemical Industries Ltd IPO Result. SEC for Initial Public Offering (IPO) to raise money through the approval of the Far Chemical Industries IPO Lottery Company will be held today. The Institution of Engineers, will be held at 10 am today. The Chittagong Stock Exchange (CSE) in the data source.
Far Chemical Industries IPO Lottery
All involved square measure herewith help that:
Total quantity of subscription (excluding NRB)=Tk.8,447,345,000 (application received=16,89,469 nos).
Total quantity received from NRB Tk. 152,500,000 up to twenty four March 2014 (application received=30,500 nos).
Hence, Total subscription received=Tk. 859,98,45,000 (application received=17,19,696 nos) against Public Issue of IPO of Tk. 120,000,000 (Total Lots=24,000 nos) that is over signed by seventy one.665 times.
FAR Chemical Industries could be a textile chemical manufacturer and a sister concern of way cluster. way Chemical settled at Comilla EPZ, the corporate produces every kind of textile chemicals required the Group’s 100% export-oriented textile sector.
FAR Chemical Industries Ltd
According to the company’s financial plan. as of Gregorian calendar month 2013, the earnings per share of the corporate five.01/- and therefore the web plus worth per share fifteen.55/-.The public selling price of every share of the corporate are going to be at 10/- with none premium and every market heap contains five hundred common shares. Single heap selling price are going to be 5000/- 1st Securities Services restricted worked because the issue manager of the corporate.
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