Lub-rref (Bangladesh) Limited IPO Lottery Result & Information

Lub-rref (Bangladesh) Limited IPO Lottery Result & Information. Lub-rref (Bangladesh) Limited IPO Lottery Result published on February 23, 2021, at Hotel Intercontinental Crystal Ballroom, 1 Minto Road, Dhaka time 11: 00 A.M. Lub-rref (Bangladesh) Limited is one of the leading automotive companies in Bangladesh which produces and supplies BNO brand lubricants “BNO Lubricants” across the country. The Company is going to start its Initial Public Offer (IPO) subscription on 26 January 2021 this year. BO Account holders may apply for primary shares of the company until 01 February 2021. IPO Lottery Result will be updated and found here timely.

IPO Lottery Result & Information of Lub-rref (Bangladesh) Limited Click Latest

Lub-rref (Bangladesh) Limited was incorporated in Bangladesh on November 18, 2001, as a public limited company bearing registration number is C-No. 4172 of 2001 under the Companies Act, 1994 with the Registrar of Joint Stock Companies and Firms (RJSC) having its register office at Chittagong.

Lub-rref (Bangladesh) Limited IPO Share Trading Information Details

Lub-rref (Bangladesh) Limited IPO share trading perform on 10 March 2021. Lub-rref (Bangladesh) Limited IPO Lottery Result published on February 23, 2021, at Hotel Intercontinental Crystal Ballroom, 1 Minto Road, Dhaka time 11: 00 A.M. Lub-rref (Bangladesh) Limited has got consent from BSEC to get enlisted in the share market of Bangladesh under the Book Building method. Bangladesh Securities and Exchange Commission (BSEC) has approved the prospectus for the Initial Public Offering (IPO) to raise Tk. 150 crores from the capital market through the Book Building method. Bangladesh Securities and Exchange Commission (BSEC) has approved the initial public offering (IPO) of Lub-rref (Bangladesh) Limited at their regular commission meeting held on November 18, 2020.

 

Lub-rref

Lub-rref (Bangladesh) Limited is one of the leading Automotive companies in Bangladesh. Lub-rref (Bangladesh) Limited has been working diligently with an aim to make Bangladesh a Global Brand in providing leading innovative solutions and moving beyond being low-cost.

Financial Information of Lub-rref (Bangladesh) Limited

The company’s issue manager’s name is NRB Equity Management Limited. The company will use the IPO Fund for Expansion of Business i. e. Acquisition & Installation of types of machinery,  Bank Loan Repayment & Expenses of IPO Process.

Lub-rref Financial Info

For the Company’s IPO fund, the company will use the IPO Fund for Expansion of Business (Acquisition & Installation of Machineries) for Tk. 98 Crore (65.33%),  Bank Loan Repayment of Tk. 46.4 Crore (30.67%) & IPO related other relevant expenses of Tk. 5.95 Crore (4%) 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 (Lub-rref (Bangladesh) Limited which Subscription Open January 26, 2021, and Close date February 01, 2021) is CORRECTLY deposited or not. Check by the link below:

CHECK CONSOLIDATED APPLICATION LIST

OR

CHECK CONSOLIDATED APPLICATION LIST

Lub-rref (Bangladesh) Limited IPO Lottery Result Click Details

Lub-rref (Bangladesh) Limited IPO Lottery Result published on 23 February 2021 at Hotel Intercontinental Crystal Ballroom, 1 Minto Road, Dhaka time 11: 00 A.M. Total Applied 12.34 Times, General Applied (RB) 16.52 Times, Affected Applied 5.5 Times, NRB Applied 4.64 Times. Download Lub-rref (Bangladesh) Limited IPO Lottery Result from here. After the ending of application of the Initial Public Offer (IPO) from January 26, 2021, to 01 February 2021, Lub-rref (Bangladesh) Limited IPO Lottery draw held on February 23, 2021. Place: IPO lottery of Lub-rref (Bangladesh) Limited performed on 23 February 2021, at Hotel Intercontinental Crystal Ballroom, 1 Minto Road, Dhaka time 11: 00 A.M. 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 Lub-rref (Bangladesh) 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 Lub-rref (Bangladesh) Limited IPO Lottery Result i.e. www.lub-rref.com

You can also download the Lub-rref (Bangladesh) Limited IPO Lottery Result from Dhaka Stock Exchange (DSE) original website http://www.dsebd.org/ipo_lottery_result.php

Prospectus of Lub-rref (Bangladesh) Limited

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

Lub-rref (Bangladesh) Limited Executive-Summary

Lub-rref (Bangladesh) Limited
(Subscription Open: January 26, 2021, Close: February 01, 2021)

Nature of Business: The principal activities of the company are to manufacture Automotive, Industrial, Marine, Power House Lubricants, Lube Base oil Refining, and Lubricating grease Blending.

Mejor Products: Manufacture Engine Oil, Gear Lubricants, Hydraulic Oil, Transformer Oil, Grease, etc

Security Trading Code: LRBDL

BSEC’s Consent for IPO: December 24, 2020

Issue Date of Prospectus: December 28, 2020

Subscription Open: January 26, 2021

Subscription Close (Cut-off Date): February 01, 2021

Authorized Capital: BDT 2,500,000,000

IPO size in shares: 45,243,144

IPO size in BDT at face value: BDT 452,431,440

IPO size in BDT at offer price: BDT 1,500,000,000

Post IPO Paid-up Capital: BDT 1,452,431,440

Face Value per share: BDT 10.00

Cut-Off Price per share: BDT 30.00

Offer Price per share for GP: BDT 27.00

Market Lot (Shares): 200

NAV per share with revaluation: BDT 31.93 as of June 30, 2019

NAV per share without revaluation: BDT 25.96 as of June 30, 2019

Earnings per Share (Basic): BDT 2.08 for the year ended on June 30, 2019

Issue Manager: NRB Equity Management Limited

Auditor: Ashraf Uddin & Co. (Chartered Accountants)

Website: www.lub-rref.com

Click below to Download Prospectus of Lub-rref (Bangladesh) Limited

Lot Distribution of Lub-rref (Bangladesh) Limited Click Here

Click here to see the Lot Distribution of Lub-rref (Bangladesh) Limited

Institute (50%)

General (32%)=  Lot

Affected (08%)=  Lot

NRB (10%)= Lot

Total Lot (100%)

Brief Description of the Company (Lub-rref (Bangladesh) Limited)

Lub-rref (Bangladesh) Limited was incorporated in Bangladesh on November 18, 2001 as a public limited company bearing registration number is C-No. 4172 of 2001 under the Companies Act, 1994. Lub-rref (Bangladesh) Limited is one of the leading automotive companies in Bangladesh with a dream to change Bangladesh into a healthy nation. Lub-rref (Bangladesh) Limited working diligently with an aim to make Bangladesh a Global Brand in produces Manufacture Engine Oil, Gear Lubricants, Hydraulic Oil, Transformer Oil, Grease, etc.

The company imports base oil and additives to blend lube oil of various formulations to cater to the needs of automotive and industries. Lub-rref produces about 35 items considering miscellaneous uses and has a modern & fully equipped laboratory, which includes atomic absorption equipment, supports, and complements. Contract work is also undertaken for outside companies. The Company is dedicated to the health, safety, and care of the environment. The combination of lubricants generates no waste.

Do you know the Top 10 Lubricants Company in Bangladesh?

You should know the Top 10 Lubricants Company in Bangladesh that leads the market in this sector, namely

  1. APSCO Bangladesh.
  2. Basumati Group of Companies.
  3. BP PLC (Castrol)
  4. City Lub Oil Industries Ltd.
  5. Corona Group (Lukoil)
  6. Gulf Oil Bangladesh Limited.
  7. Imam Group (FUCHS and Conoco)
  8. Lub-rref (Bangladesh) Ltd.
  9. MJL Bangladesh Limited (Exxon Mobil)
  10. Navana Petroleum Limited (Caltex/Chevron)
  11. Padma Oil Company Limited
  12. Trade Services International (Total)
  13. United Lube Oil Limited (Petronas)
  14. Ranks Petroleum Limited (Royal Dutch Shell PLC)

Competitive Scenery:

The Bangladeshi lubricants market is partially consolidated with the top five players accounting for almost 60% of the total consumption. The key players in the market include MJLBD, BP PLC (including Castrol), Total, Caltex, and Royal Dutch Shell, among others.

Major Players in the sector:

Trade Services International (Total)

Ranks Petroleum Limited (Royal Dutch Shell PLC)

Rahimafrooz (Bangladesh) Ltd (BP PLC)

Navana Petroleum Limited (Caltex/Chevron)

MJL Bangladesh Limited (Exxon Mobil)

Registered & Corporate Office:

Lub-rref (Bangladesh) Limited

Registered Office

Lub-rref (Bangladesh) Limited
B-6 (Part) 9-10 & 23-24,BSCIC
Industrial Estate, Block – A, Sagarika
Road, Chittagong – 4219, Bangladesh. Dhaka Office: +88-02-
55138710, Fax: +880243150036
E-mail: info@lub-rref.com
Web: www.lub-rref.com

Corporate Office

Rupayan Trade Center, Space # 5th (7th Floor),
114 Kazi Nazrul Islam Avenue, Dhaka-1000

+88 02 43150035, +88 02-43151995

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