Khulna Printing and Packaging IPO Result -http://khulnapackaging.wix.com/khulnapackaging. Khulna Printing and Packaging Ltd (KPPL) Initial Public Offering Subscription was from 04-08 May 2014 for Residence Bangladeshi and 04-17 May 2014 for NRB. Lottery for Khulna Printing IPO Result will be held on 5th June, 2014 at IEB, Dhaka at 10.00 am. IPO over subscript 7 times.
Earlier, The Securities regulator Bangladesh Securities and Exchange Commission (BSEC) on Tuesday, 4th March 2014 approved an IPO of Khulna Printing and Packaging Ltd to go for public worth Tk 40 crore to float 4 crore ordinary shares at face value at Tk 10..
The Khulna Printing and Packaging company will use the IPO fund to raise the fund to meet working capital needs and pay back bank loans.
As per the company’s financial statements ended on June 2013, the earning per share (EPS) was 2.82/- with net asset value (NAV) of 24.26/- per share.
Sonali Investment will acts as the issue manger of the Khulna Printing IPO Result.
It will be the second listed company under the paper and printing category.
Primary Status of Khulna Printing and Packaging IPO Result:
All concerned are hereby informed that:
Total amount of subscription (excluding NRB)=Tk.261,42,50,000 (application received=5,22,850 nos).
Total amount received from NRB Tk. 22,50,00,000 (application received=45,000 nos).
Hence, Total subscription received=Tk. 283,92,50,000 (application received=5,67,850 nos) against Public Issue of IPO of Tk. 400,000,000 (Total Lots=80,000 nos) which is over subscribed by 7.098 times.
Hence, Khulna Printing and Packaging Ltd (KPPL) IPO over subscript 7 times then IPO size.
Khulna Printing and Packaging IPO Result:
– Bank / Branch Code
– General Public
– Non Resident Bangladeshi
– Affected Small Investors
– Mutual Fund (No application)
Distribution of Refund Warrant:
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