Advent Pharma Limited IPO Lottery Result & Information 2018 updated here. Advent Pharma Limited IPO Lottery Result published on 13 March 2018 and updated found here. Advent Pharma Limited subscription from 11 February 2018 to 19 February 2018. Download Advent Pharma Limited IPO Lottery Result that will be published & found here. IPO or an Initial Public Offer (IPO) is the first sale of a stock by a private company to the public company. In this way, a company can increase money by issuing either debt or equity. IPO or 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.
In this way, a private company converts into a public limited 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.
Initial Public Offer (IPO) of Advent Pharma Limited
Advent Pharma Limited IPO Lottery Result & Information 2018 found here. Bangladesh Securities and Exchange Commission (BSEC) has approved the initial public offering (IPO) of Advent Pharma Limited on 02 January 2018 at their 622nd board meeting. The company has expressed its intention to collect Taka 20 crore from the capital market offering 2 Crore ordinary shares to issue share prices at Taka 10 as face value. The company’s earnings per shares (EPS) Taka 1.49 (Basic) for the period ended on and net asset value (NAV) Taka 12.45 according to the financial statement as on 30 June 2017. Imperial Capital Limited, Alpha Capital Management Limited and CAPM Advisory 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.
Advent Pharma Limited IPO Lottery Result & Information Found Here
Advent Pharma Limited IPO Lottery Result published soon. Download Advent Pharma Limited IPO Lottery Result from here. After ending of application of Initial Public Offer (IPO) from 11 February 2018 to 19 February 2018. Advent Pharma Limited IPO Lottery Result will be published on 13 March 2018. Place: Ramna Engineering Institute, Dhaka at 10:30 A.M. See click the Result below.
Click the following Link to get Advent Pharma Limited IPO Lottery Result
- Stock Broker/ Merchant Bank Code
- General Public/Resident Bangladesh
- Non-Residence Bangladesh(NRB)
- Affected Small Investors
You can also get the result from the official website of Advent Pharma Limited IPO Lottery Result i.e. www.adventpharmabd.com
You can also download Advent Pharma Limited from Dhaka Stock Exchange (DSE) original website http://www.dsebd.org/ipo_lottery_result.php
Advent Pharma Limited as per Prospectus
ADVENT PHARMA LIMITED
(Subscription Open: February 11, 2018, Close: February 19, 2018)
Share Value: Taka 10/Per Share
Lot Distribution: 500
Total Value Taka = 5,000
Institute/Eligible Investor (EI) (40%) = 16,000 Lot
Mutual Fund (MF) (10%) = 4,000 Lot
General Public & Affected Investors (40%) = 16,000 Lot
Non-Residential Bangladesh (NRB) (10%) = 4,000 Lot
Total Lot 100% = 40,000 Lot
Total Share = 2 Crore
Earnings per Share (EPS): 1.85 (Basic)
Net Asset Value (NAV): 17.18
according to the financial statement for the period ended on 30 June 2017.
Issue Manager: Imperial Capital Limited, Alpha Capital Management Limited and CAPM Advisory Limited have acted on behalf of the company’s issue manager.
Brief Description with Address of Advent Pharma Limited
Advent Pharma Limited had been duly registered and incorporated with the Registrar of Joint Stock Companies & Firms of Bangladesh in the year 2007 as a Private Limited Company and subsequently converted as Public Limited Company in June 2016. The company is a Pharmaceutical industry dedicated to the Production of animal healthcare drugs and nutritional supplements for livestock. Advent Pharma Limited is a pioneer company. The ultimate aim of the Promoters is to turn this manufacturing facility into one of the best and largest Veterinary Pharmaceutical Plants of the country by producing various dosage forms thereby meeting the increasing demand of animal health care drugs in the national Pharmaceutical market with high-quality Products. Address, Green Homes, Block-A, Flat-2B, House-10/7, Iqbal Road, Mohammadpur, Dhaka-1207. Phone, 9118367, 9138109,01911-359801. Email: [email protected] Website: www.adventpharmabd.com
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