National Feed Mill Ltd IPO Result. National Feed Mill Limited IPO result will be published on Thursday, 27th November, 2014. National Feed IPO Lottery draw will be held at Institution of Engineers in Bangladesh (IEB), Ramna, Dhaka at 10.00am. IPO Result of National Feed will publish here immediately after completing the draw. National Feed IPO over subscript 45 times.
Earlier National Feed Ltd IPO was Approved by BSEC on 26th August 2014. The companies Subscription date was began from 26 October 2014 and it was closed on 30 October 2014 for residence Bangladesh and NRB it was closed on 8th November 2014. National Feed Mill are going to be float 1.80 crore shares at offer value at Tk 10/-without any premium.
As per the latest financial statements ended on December 31, 2013, the earning per share (EPS) was 1.86/- with net asset value (NAV) of 14.55/-.
ICB Capital Management and PLFS Investment Limited are working jointly as issue manger of this IPO.
Primary Status of National Feed Mill Ltd IPO Result:
Amount of subscription (excluding NRB)=Tk.8,107,208,453/- (application received=16,21,441 nos).
Amount received from NRB up to 30 October 2014 =Tk. 24,510,000/- (application received=4,902 nos).
So, Total subscription received=Tk. 8,131,718,453/- (application received=1626343.691nos) against Public Issue of IPO of Tk. 18,000,000 (Total Lots=36,000 nos) which is over subscribed by 45 times.
N.B: Last date of NRB receiving date was 8th Nov 2014, so at least another 60,000 applications may be received. Hence when final subscription status will given then IPO may be oversubscribed 47 or 48 times.
About National Feed Mill Ltd
The Principal activity of this Feed Mill Co. to carry on the business product of manufacturing, producing, processing, buying and selling, converting of feed of poultry, fishery, duckery, cattle & pet animals. They produced/manufacturing quality feeds for consumptions of commercial poultry hatcheries and farms, fish hatcheries, commercial cattle farms along with pet animals.
Download National Feed Mill Ltd IPO Result below:
- Bank / Branch Code
- General Public
- Non Resident Bangladeshi (NRB)
- Affected small investors
- Mutual Fund
- Distribution of Refund Warrant
National Feed Mill Ltd IPO Result – www.nationalgroup-bd.com will be available on 27 November 2014. Keep visiting us to get the National Feed IPO result quickly.