Desh General Insurance IPO Lottery Result & Information 2021

Desh General Insurance IPO Lottery Result & Information 2021. Desh General Insurance Share Trading will be started from 29 March 2021 under the “N” Category, DSE  Trading Code “DGIC” and Company code 25750. Desh General Insurance IPO Lottery Result has published on 10 March 2021 & and found here. Desh General Insurance Company Limited is one of the leading non-life insurance companies in Bangladesh which offers a complete range of general insurance products and services in motor, marine, energy, property and casualty, health, accident, and liability areas across the country. The Company is going to start its Initial Public Offer (IPO) subscription on 14 February 2021 this year. BO Account holders may apply for primary shares of the company until 18 February 2021. IPO Lottery Result will be updated and found here timely.

IPO Lottery Result & Information of Desh General Insurance Company Limited Click Latest

Desh General Insurance has maintained its market headship and supremacy over the journey of these 20 glorious years with the vision to build a secure Bangladesh. The main objective of the Company is to carry on all kinds of insurance, guarantee, and indemnity business other than the life insurance business.

Desh General Insurance Company Limited IPO Information Details

Desh General Insurance Share Trading will be started from 29 March 2021 under the “N” Category, DSE  Trading Code “DGIC” and Company code 25750. Desh General Insurance Company Limited IPO Lottery Result has published & found here. Desh General Insurance Company Limited has got consent from BSEC to get enlisted in the share market of Bangladesh under the Fixed Price method. Bangladesh Securities and Exchange Commission (BSEC) has approved the prospectus for the Initial Public Offering (IPO) to raise Tk. 16 crores from the capital market through the Fixed Price method. Bangladesh Securities and Exchange Commission (BSEC) has approved the initial public offering (IPO) of Desh General Insurance Company Limited at their regular commission meeting held on December 02, 2020.

Desh General Insurance

Desh General Insurance Company Limited is one of the leading general insurance companies in Bangladesh. DGIC was incorporated on 08 February 2000 as a public limited company under the Companies Act 1913 and its operation commenced on 1st March 2000 with a paid-up capital of BDT 6 Crore. Now, Desh General Insurance Company has comprehensive more than BDT 24 Crore with a credit rating of A+ (long term). Desh General Insurance Company (DGIC) has a presence in the advantageously important parts of the country which includes 43 branches. Desh General Insurance Company Limited (DGIC) has maintained its market leadership and primacy over the journey of these 20 glorious years with the vision to build a secure Bangladesh.

Financial Information of Desh General Insurance Company Limited

The company’s issue manager’s name is Prime Finance Capital Management Limited. The company will use the IPO Fund for Investment in FDR & Treasury Bond, Investment in Capital Market of Bangladesh & Expenses of IPO Process.

Desh General Insurance FinancialInformation

For the Company’s IPO fund, the company will use the IPO Fund for Investment in FDR & Treasury Bond, Investment in Capital Market of Bangladesh & IPO-related relevant expenses according to the IPO prospectus.

Confirmation If Your IPO Application is Deposited or Not? Check the Consolidated Application List Click Here

You can check your IPO Application (Desh General Insurance Limited which Subscription Open February 14, 2021, and Close date February 18, 2021) is CORRECTLY deposited or not. Check by the link below:

CHECK CONSOLIDATED APPLICATION LIST

OR

CHECK CONSOLIDATED APPLICATION LIST

Desh General Insurance Company Limited IPO Lottery Result Click Details

Desh General Insurance Company Limited IPO Lottery Result has published on 10 March 2021. Total Applied .. Times, General Applied (RB) .. Times, Affected Applied 28.49 Times, NRB Applied 12.86. Times. Download Desh General Insurance Company Limited IPO Lottery Result from here. After the ending of application of the Initial Public Offer (IPO) from February 14, 2021, to 18 February 2021, Desh General Insurance Company Limited IPO Lottery draw on March 10, 2021. Place: IPO lottery of Desh General Insurance Company Limited performed on 10 March 2021. The IPO results also published on the websites of the Dhaka Stock Exchange (DSE), Chittagong Stock Exchange (CSE), and the company’s website after the lottery programmed. See the Result below.

Click the following Link to get Desh General Insurance IPO Lottery Result

  1. Stock Brokers/Merchant Banks Code
  2. General Public/Resident Bangladeshi
  3. Non-Residence Bangladeshi(NRB)
  4. Affected Small Investors
  5. All Eligible Investor (Pro-Data Allotment)

You can also get the result from the official website of Desh General Insurance Company Limited IPO Lottery Result i.e. www.deshinsurancebd.com

You can also download the Desh General Insurance Company Limited IPO Lottery Result from Dhaka Stock Exchange (DSE) original website http://www.dsebd.org/ipo_lottery_result.php

Prospectus of Desh General Insurance Company Limited

The below prospectus has been described as the overall information of the company. Sector: Insurance

Desh General Insurance Executive-Summary

Desh General Insurance Company Limited
(Subscription Open: February 14, 2021, Close: February 18, 2021)

Nature of Business: The Main objective of the Company is to carry on all kinds of Insurance, guarantee, and indemnity business other than the life insurance business.

Mejor Services: Fire Insurance, Marine Insurance, Motor Insurance, Engineering Insurance, Miscellaneous.

Security Trading Code: DGIC

BSEC’s Consent for IPO: January 13, 2021

Issue Date of Prospectus: January 13, 2021

Subscription Open: February 14, 2021

Subscription Close (Cut-off Date): February 18, 2021

Authorized Capital: BDT 1,000,000,000

IPO size in shares: 16,000,000

IPO size in BDT at face value: BDT 160,000,000

IPO size in BDT at offer price: BDT 160,000,000

Post IPO Paid-up Capital: BDT 400,000,000

Face Value per share: BDT 10.00

Cut-Off Price per share: BDT 10.00

Offer Price per share for GP: BDT 10.00

Market Lot (Shares): 500

NAV per share: BDT 11.62 as of December 31, 2019

Earnings per Share (Basic): BDT 1.36 for the year ended on December 31, 2019

Issue Manager: Prime Finance Capital Management Limited

Auditor: Rahman Mostafa Alam & Co. (Chartered Accountants)

Website: www.deshinsurancebd.com

Click below to Download Prospectus of Desh General Insurance Company Limited

Lot Distribution of Desh General Insurance Company Limited Click Here

Click here to see the Lot Distribution of Desh General Insurance Company Limited

Institute (40%)=12,800 Lot

General (40%)=12,800 Lot

Affected (10%)=3,200 Lot

NRB (10%)=3,200 Lot

Total Lot (100%)=32,000 Lot

Brief Description of the Company (Desh General Insurance Company Limited)

Desh General Insurance Company Limited is a non-life Insurance Company that was incorporated in Bangladesh with the Registrar of Joint Stock Companies and Firms on 8th February 2000 vide certificate no. C-39596(1564)/2000 as a Public Limited Company under the Companies Act, 1994. The Chief Controller of Insurance, Government of the People’s Republic of Bangladesh issued the registration certificate no. CCI/13/15/99-397 with effect from 2nd March 2000 for carrying on business under the Insurance Act 1938. A short profile about the Company is presented below:

Date of incorporation as Public Limited Company: 8 February 2000

Date of commencement of business: 8 February 2000

Received registration certificate by The Chief Controller of Insurance: 2nd March 2000

Commencement of commercial operation: 02 March 2000.

The main objective of the Company is to carry on all kinds of insurance, guarantee, and indemnity business other than the life insurance business.

Do you know the Top  List of insurance companies in Bangladesh?

You should know the Top  List of insurance companies in Bangladesh that leads the market in this sector, namely:

List of insurance companies in Bangladesh

A. Public Sector (Life Insurance)

i) Bangladesh Jiban Bima Corporation

B. Public Sector (Non-Life Insurance)

i) Bangladesh Sadharan Bima Corporation

C. Private Sector (Life Insurance)

  1. MetLife Bangladesh (American Life Insurance Company Ltd) Life
  2. Sonali Life Insurance Co. Ltd.
  3. Fareast Islami Life Insurance Company Limited
  4. Delta Life Insurance Company Ltd.
  5. Meghna Life Insurance Company Ltd.
  6. National Life Insurance Company Ltd.
  7. Padma Islami Life Insurance Company Ltd.
  8. Popular Life Insurance Company Ltd.
  9. Pragati Life Insurance Ltd.
  10. Prime Islami Life Insurance Company Ltd.
  11. Progressive Life Insurance Company Ltd.
  12. Rupali Life Insurance Company Ltd.
  13. Sandhani Life Insurance Company Ltd.
  14. Sunflower Life Insurance Company Ltd.
  15. Sunlife Insurance Company Ltd.
  16. Zenith Islami Life Insurance Ltd.
  17. Mercantile Islami Life Insurance Ltd.
  18. NRB Global Life Insurance Company Ltd.
  19. Guardian Life Insurance Ltd.
  20. Chartered Life Insurance Company Ltd.
  21. Best Life Insurance Company Ltd.
  22. Protective Islami Life Insurance Co. Ltd.
  23. Sonali Life Insurance Co. Ltd.
  24. Sawdesh Life Insurance Co. Ltd.
  25. Diamond Life Insurance Co. Ltd.
  26. Alpha Islami Life Insurance Ltd.
  27. Trust Islami Life Insurance Co. Ltd.
  28. Jamuna Life Insurance Ltd.
  29. Golden Life Insurance Ltd.
  30. Homeland Life Insurance Company Ltd.
  31. Life Insurance Corporation (LIC) of Bangladesh Ltd

D. Private sector (Non-Life Insurance)

  1. Agrani Insurance Company Ltd.
  2. Asia Insurance Ltd.
  3. Asia Pacific Gen Insurance Co. Ltd.
  4. Bangladesh Co-operatives Ins. Ltd.
  5. Bangladesh General Insurance Co. Ltd.
  6. Bangladesh National Insurance Co.Ltd.
  7. Central Insurance Company Ltd.
  8. City General Insurance Company Ltd.
  9. Continental Insurance Ltd.
  10. Crystal Insurance Company Ltd.
  11. Desh Gen. Insurance Company Ltd.
  12. Eastern Insurance Company Ltd.
  13. Eastland Insurance Company Ltd.
  14. Express Insurance Ltd.
  15. Federal Insurance Company Ltd.
  16. Global Insurance Ltd.
  17. Green Delta Insurance Co. Ltd.
  18. Islami Commercial Insurance Co. Ltd.
  19. Islami Insurance Bangladesh Ltd.
  20. Janata Insurance Company Ltd.
  21. Karnaphuli Insurance Company Ltd.
  22. Meghna Insurance Company Ltd.
  23. Mercantile Insurance Company Ltd.
  24. Nitol Insurance Company Ltd.
  25. Northern Gen.Insurance Company Ltd.
  26. Peoples Insurance Company Ltd.
  27. Phonix Insurance Company Ltd.
  28. Pioneer Insurance Company Ltd.
  29. Pragati Insurance Ltd.
  30. Paramount Insurance Company Ltd.
  31. Prime Insurance Company Ltd.
  32. Provati Insurance Company Ltd.
  33. Purabi Gen Insurance Company Ltd.
  34. Reliance Insurance Limited
  35. Republic Insurance Company Ltd.
  36. Rupali Insurance Company Ltd.
  37. Sonar Bangla Insurance Company Ltd.
  38. South Asia Insurance Company Ltd.
  39. Standard Insurance Ltd.
  40. Takaful Islami Insurance Ltd.
  41. Dhaka Insurance Ltd.
  42. Union Insurance Company Ltd.
  43. United Insurance Company Ltd.
  44. Sena Kalyan Insurance Company Ltd.
  45. Sikder Insurance Company Ltd

Registered & Corporate Office of Desh General Insurance Company Limited

Desh General Insurance Company Limited

Jiban Bima Bhaban, Level#5, Front Block,
10 Dilkusha C/A, Dhaka – 1000
E-mail:info@deshinsurancebd.com
Web: www.deshinsurancebd.com

Tel: +88-02-9571642-5
Fax: +88-02-9561920

Corporate Office Head Office

Jiban Bima Bhaban, Level#5, Front Block,
10 Dilkusha C/A, Dhaka – 1000
E-mail:info@deshinsurancebd.com
Web: www.deshinsurancebd.com

Tel: +88-02-9571642-5
Fax: +88-02-9561920

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IPO Latest Update Information 2021

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