NRBC Bank IPO Result 2021, Prospects & Subscription Summary
NRBC Bank IPO Result 2021, Prospects & Subscription Summary particulars proper right here. NRBC Bank is the primary provider of firm banking suppliers in Bangladesh. NRBC Bank was built-in on February 20, 2013, as a public restricted agency. The monetary establishment has a whole of Tk 562.07 corer of equity, and effectively working 77 branches throughout the nation. Since 2013, the monetary establishment has been offering an IPO. And this yr it moreover affords the required IPO. So now you all are eagerly prepared for the NRBC Bank IPO Result.
NRBC Bank IPO Prospects
NRBC Bank is the first BSEC-approved monetary establishment, which may be the fourth know-how industrial monetary establishment. The securities regulator has accredited the IPO (preliminary public offering) proposal of NRBC Bank by using the fixed value method. NRBC Bank goes to raise a capital value Tk 120 crore issuing 12 crore unusual shares of Tk 10 each. The monetary establishment would make investments Tk110 crore in authorities securities, Tk 6.05 crore throughout the secondary stock market, and Tk3.9 crore to bear IPO payments.
The draft prospectus of the company displays its earnings per share (EPS) had been Tk 2.02 in 2019 in opposition to Tk1.82 throughout the earlier yr. The EPS was Tk 0.62 from January to June 2020. By the half-yearly audited financial assertion for the interval ended on June 30, 2020, NRBC Bank’s NAV with out revaluation stood at Tk 13.86, whereas the weighted widespread EPS of 5 years was Tk 1.55. The topic managers of the NRBC Bank IPO are Asian Tiger Capital Partners Investment and AFC Capital.
NRBC Bank IPO Subscription Summary
The preliminary public offering (IPO) subscription of NRBC Bank will start on February, 2021 for elevating Tk 10 per share by issuing 12 crore unusual shares beneath the fixed value method. The Bangladesh Securities and Exchange Commission (BSEC) has accredited the Initial Public Offering (IPO) proposal NRBC Bank to raise Tk 120 crore by issuing 12 crore shares on the capital market. As of thirtieth June, 2020 NRBC Banka web income of Tk 362.1 crore.
- IPO subscription to begin 3 February
- IPO subscription ultimate date: 9 February
- IPO Lottery Result Publish Date: 3 March
The monetary establishment’s weighted widespread earnings per share for the ultimate 5 years had been Tk 1.55. The asset value per share was Tk 13.86 as of June 30, 2020. NRBC Bank registered deposits of Tk 7,185 crore in 2019. Its full loans and advances amounted to Tk 6,201 crore. NRBC Bank IPO subscription will open in February 2021 considering the curiosity of the merchants.
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NRBC Bank IPO Lottery Result
We have already talked about that the NRBC Bank IPO consequence will probably be revealed in 2021. So to get the updates of the consequence, we would request you to adjust to our site generally.
Non Resident Bangladeshi
Affected Small Investors
Stock Exchange/Merchant Banker’s Code
By the securities regulator, the date of commencing the monetary establishment’s IPO subscription will probably be fixed by February 2021 considering the curiosity of merchants. After that, at a later date, the NRBC Bank IPO Result will probably be revealed.
About NRBC Bank
NRBC Bank is a reputed firm monetary establishment in Bangladesh. It is meeting the needs of the house and overseas for small corporations, medium and large Corporation by offering a wide range of firm finance merchandise. The merchandise fluctuate from typical working capital finance to enterprise finance.
The authority wants to establish a monetary establishment for the monetary enchancment in Bangladesh. And with the NRBC Bank IPO Result publish after February 2021; the monetary establishment will proceed to take motion. Looking the least bit the sooner yr’s outcomes, it’s safe to guess on this agency.