Bangladesh National Insurance IPO Result

Bangladesh National Insurance IPO Result will be found my website https://bdloan24.net/. Bangladesh National Insurance IPO Result will be published 20th March, 2016 at 3 pm. If you can apply BNICL then collect your IPO lottery my site. Bangladesh National Insurance Company Ltd Subscription starts February 17, 2016 to February 25, 2016. Bangladesh National Insurance Company Ltd. or called “BNIC” is one of the leading general insurance companies in Bangladesh. Bangladesh National Insurance Company Limited (BNICL) nature of business is all kind of general insurance business like as Marine, Fire, Motor, Overseas Medical policy. Presently Bangladesh National Insurance Company Ltd has been operating its business through twenty six branches along with one local office. The branches are located different strategically important areas of the country.

Bangladesh National Insurance IPO Result

Bangladesh National Insurance IPO Result:

Stock Broker/ Merchant Bank Code

General Public/Resident Bangladesh

Non – Resident Bangladeshi (NRB)

Affected Small Investors

Mutual Fund

Bangladesh National Insurance Company Ltd IPO Information:

Subscription: February 17, 2016 to February 25, 2016

Market Lot: 500 shares per share@Tk.10 Total Tk.5000/=

EPS: Tk 1.07 NAV: Tk 15.65

Total Shares: 1.77 Crore

General Public (60%):  21,240 lots

Affected Investors (20%): 7,080 lots

NRB (10%): 3,540 lots

Mutual Fund (10%): 3,540 lots

Total (100%): 35,400 lots

Bangladesh National Insurance IPO Result:

Bangladesh National Insurance Company Ltd IPO Approved Bangladesh Securities and Exchange Commission (BSEC) approved Bangladesh National Insurance Company Ltd IPO on May 12, 2015 at a regular 543th meeting of the commission. Bangladesh National Insurance Company Ltd will upload 1.77 crore shares of Tk.10/= each at offer value of Tk.10/= without any premium. Bangladesh National Insurance Company Ltd will raise TK17.70 crore through initial public offerings (IPO).

BNICL ADDRESS:

BNICL Head and Registered Office:

WW Tower, 68, Motiheel C/A (Level-15), Motijheel

Dhaka-1000, Bangladesh

Phone: +88-02-9573481-8, FAX: +88-02-9555704

Web Address: http://bniclimited.com

Bangladesh National Insurance Company Ltd will use the IPO fund to invest in FDR, Treasury bond and to meet up its IPO expenses. Prime Finance Capital Management Ltd is the issue manager of Bangladesh National Insurance Company Ltd IPO.

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Golam Faruque

I am Md. Golam Faruque. HR Professional in Bangladesh. I like to write articles about various job opportunities and HR related posts on my Blog.