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Oimex Electrode Limited IPO Lottery Result & Information

Oimex Electrode Limited IPO Lottery Result Published on 05 October 2017. Oimex Electrode Ltd subscription open 05 September 2017 and Close 13 September 2017. Oimex Electrode Limited IPO Lottery Result Published. Oimex Electrode Limited IPO Lottery Result & Information updated. Download Oimex Electrode Limited IPO Lottery Result & Information that will be published here. Initial Public Offer (IPO) is the first sale of a stock by a private company to the public company. In a way, a company can increase money by issuing either debt or equity. Share market inauguration is a type of public offer in which shares of a company generally are sold to the predictable investors that in turn, sell to the general public by a securities exchange for the first time.

Oimex Electrode Limited IPO Lottery Result Latest

This way, a private company converts into a public Ltd. company. IPOs are often issued by smaller or newer companies seeking the funds or capital to expand, but can also be done by large privately-owned companies looking to become in public trading.

Download Prospectus of Oimex Electrode Limited

Initial Public Offer (IPO) of Oimex Electrode Ltd.

Oimex Electrode Limited IPO Lottery Result found here. Bangladesh Securities and Exchange Commission (BSEC) has approved the initial public offer (IPO) of Oimex Electrode Ltd. on 09 May 2017 at their 604 Nos. meeting. The company has expressed its intention to collect Taka 15 crore from the capital market offering 1.5 Crore ordinary shares to issue share prices at Taka 10 as face value. The company’s earning per shares (EPS) Taka 2.19 (Basic) for the period ended on and net asset value (NAV) Taka 14.87 according to the financial statement as on 30 June 2016. MTB Capital Limited working on behalf of the company’s issue manager. The company will spend the capital for Business expansion, acquisition of Plant & Machineries, Building & other civil works and IPO related other relevant expenses.

Oimex Electrode Limited IPO Lottery Result Found Here

Oimex Electrode Ltd. IPO Lottery Result has been published. Download Oimex Electrode Ltd. IPO Lottery Result from here. After ending of application of Initial Public Offer (IPO) from 05 September 2017 to 13 September 2017 Oimex Electrode Ltd. IPO Lottery Result published today on Thursday, 05 October 2017. Place: Engineering Institute, Ramna, Dhaka at 10:30 A.M. See the Result below. Total Applied ……. Times, General Applied …, Affected Applied …, NRB Applied .., MF Applied … and Intuition Applied … Times.

Click the following Link to get Oimex Electrode Ltd. IPO Lottery Result

  1. Stock Broker/ Merchant Bank Code
  2. General Public/Resident Bangladesh
  3. Non-Residence Bangladesh(NRB)
  4. Affected Small Investors

You can also get the result from the official website of Oimex Electrode Ltd. IPO Lottery Result i.e. www.oimexelectrodes.com

You can also download Oimex Electrode Ltd. IPO Lottery Result from Dhaka Stock Exchange (DSE) original website http://www.dsebd.org/ipo_lottery_result.php

Oimex Electrode Ltd. as per Prospectus

OIMEX ELECTRODE LIMITED DETAILS
(Subscription Open: 05 September, 2017, Close: 13 September, 2017)

Share Value: Taka 10/Per Share
Lot Distribution: 500
Total Value Taka = 5,000
Institute/Eligible Investor (EI) (40%) = 12,000 Lot

Mutual Fund (MF) (10%) = 3,000 Lot
General Public (32%) = 9,600 Lot
Affected Investors (8%) = 2,400 Lot
Non-Residential Bangladesh (NRB) (10%) = 3,000 Lot
Total Lot 100% = 30,000 Lot
Total Share = 1.5 Core

Earnings per Share (EPS): 2.19 (Basic) 
Net Asset Value (NAV): 14.87
according to the financial statement for the period ended on 30 June 2016.

Issue Manager: MTB Capital Limited

Website: www.oimexelectrodes.com

Click here to Download Prospectus of Oimex Electrode Limited

Location of Oimex Electrode Limited

Oimex Electrode Limited has been incorporated on September 18, 2005. Oimex Electrode Limited (OEL) has countrywide sales network reinforced with fast logistical support and state-of-arts manufacturing and R&D facilities. Oimex Electrode Limited factory is located at Pipulbaria, Daulatpur, Kushtia, Bangladesh. Registered Office: 225/1 (1st Floor) Elephant Road, Dhaka-1205. Phone:+880-2-9665272.Email: contact@oimexelectrodes.com. Website: www.oimexelectrodes.com

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IPO Latest Update Information 2017

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