Bashundhara Paper Mills IPO Lottery Draw Result 2018. Bashundhara Paper Mills Ltd IPO Result Collect from here. BPML Ipo lottery result publish online. Bashundhara Paper Mills IPO Result publicly announce by authority. So, Find easily IPO result of Bashundhara Paper Mills Limited. The IPO (initial public offering) subscription of Bashundhara Paper Mills Limited (BPML) began on Monday for raising Tk 2.0 billion from the capital market under the book-building method.
Bashundhara Paper Mills Ltd IPO Result 2018
Bashundhara Paper Mills Limited (BPML) IPO began on April for raising Tk 2.0 billion from the capital market under the book-building method. Though, The IPO subscription Applying timetable of the company will remain open until May 09 for resident and non-resident Bangladeshis (NRB).
Previously, Bangladesh Securities and Exchange Commission (BSEC) approved the IPO of Bashundhara Paper Mills on January 30. Therefore, BPML received the regulatory approval from the BSEC to conduct the electronic bidding for determining the cut-off price of its shares.
Therefore, BPML conduct electronic bidding in October 2017 and the cut-off price was fix at Tk 80 each, including a premium of Tk 70. The company is set to float about 26.04 million shares, of which 60 per cent or 15.62 million shares to be issued to the eligible investors at cut-off price of Tk 80 each.
Bashundhara Paper Mills IPO Result
Meanwhile, the Remaining 10.41 million shares will sell to general shareholders, including non-resident Bangladeshis, at 10 per cent discount on cut-off price, meaning the general investors will get each share of the company at Tk 72, as per the revise book-building method.
Through, here we update all news about Bashundhara Paper Mills IPO Lottery Draw Result 2018. So, ipo subscriber can easily download it from below.
BPML Ipo lottery result
The fund raise from IPO will spent on buying new machinery, repaying loans and bearing the IPO expense and other costs of the company.
According to financial statement for the year ended on June 30, 2016, the company’s net asset value (NAV) including revaluation reserve per share (EPS) was Tk 30.49, whereas the value was Tk 15.79 without revaluation reserve. The weight average of earnings per share (EPS) was Tk 1.46 for the year end on June 30, 2016.
Bashundhara Paper Mills Limited (BPML)
Bashundhara Paper Mills Limited (BPML) and Bashundhara Multi Paper Industries Ltd. (BMPIL) are two distinct industrial entities, has guide with a common mission statement –
“We Are Passionate About Helping The World Excel In Education, Communication, Business & Salutariness By Offering Eco-sustainable Paper-based Solutions.”
And stood out through untainted six values – Supportive, Passionate, Integrity, Responsible, Ingenuity and Togetherness – that ultimately brings out the SPIRIT within.
BPML has got three industrial units, while BMPIL has got its only unit – all are equipped with industry-best state-of-the-art facilities and are regularly going through meticulously opted refurbishment processes to cope up achieving “scale of economies” and “resource conservation” esp. in energy (power consumption) and water usage per unit output. These significant alterations have been easily accomplished backed by dependable partnerships with World’s top technology providers e.g. Valmet, Andritz, ABB, Siemens, Voith, Caterpillar, Gapcon, Cleaverbrooks, Thermex, Sigma Engineering, Recard, Parker, Eurotherm, OK Machineries, Adpep, Taisan, Omet, ZWC etc.
Bashundhara Paper Mills
Having positioned in a fast-growing market set, Bashundhara has been relentless over two decades to offer its diversified products ranging from different types of Paper, Tissue & Hygiene portfolio, thereby it has rightly been entrusted from customers’ fraternity of home and abroad. At present, Bashundhara Paper is the only trust source of volume Paper-needs of Bangladesh Government, while keeping pace of exporting to over 25 different global destinations. Noteworthy, it has been successful to become the only Company in Bangladesh with certification of ISO 9001:2015 and FSC-CoC at the same time, certainly due to its thrust on environment is visible in various eco-friendly initiatives at the Plant sites by adopting modern technology and process innovations.
Run by a group of sturdy technical and highly experienced paper professionals of the Country since its inception, all the production units of BPML & BMPIL are absolutely environment friendly through leverage of most-modern Effluent Treatment Plants (ETPs). The Company runs through unique ERP solution (SAP), where this transformational technology enables to bring together best practices across all functions of the organization to deliver highest value to all external and internal stake-holders.
The Company continues to conduct regular audits for its quality standards and customer satisfaction through research conduct in-house and also by independent agencies, which in turn helps to be update with changing customer preferences and develop its products to stay well ahead of the curve.
These pioneering moves have given Bashundhara Paper a pride of place as the change leader, ushering in a phase of complete makeover in the Bangladeshi paper market.
Consequently, Bashundhara Paper Mills, a concern of country’s leading business conglomerate Bashundhara Group, produces a wide range of paper and paper products. The company exports high quality paper of various grades. It has three production units in Narayanganj and Munshiganj.
So, Get and Download the Bashundhara Paper Mills IPO Lottery Draw Result 2018.
Bashundhara Paper Mills IPO Lottery Draw Result 2018