The IPO shares of Bashundhara Paper Mills Limited (BPML) have been credited into the respective BO accounts.
Central Depository Bangladesh Limited (CDB) sources said the IPO shares were credited on Monday and the shareholders have been advised to check their updated balance.
Dhaka Stock Exchange (DSE) recently approved the listing of BPML to facilitate trading of its shares and the date for debut of the company’s share trading will be fixed soon.
The lottery for allotting ordinary shares under the initial public offering (IPO) of the company was held at International Convention City Bashundhara (ICCB) on May 30.
Of the total 26,041,666 shares, 10,416,666 were allotted among general investors, affected retail investors and non-resident Bangladeshi investors through the IPO lottery at 10 per cent discount on the cut-off price, which is Tk 72 each.