Applicants will get 18 shares in Sonali Life

All applicants have received initial public offering (IPO) shares in Sonali Life Insurance Company Limited through the beginning of a new chapter in the history of the capital market. A minimum of 18 shares have been allotted to each IPO applicant on a pro-rata basis.

A function was organized at the DSE office on Monday to allocate the new system on a pro-rata basis. Investors applying for IPO shares are allotted in the arrangement.

Domestic general investors who have applied for an IPO of Rs 10,000 have received 18 shares. Those who applied for Tk 20,000 were given 34 shares, those who applied for Tk 30,000 were given 51 shares, those who applied for Tk 40,000 were given 8 shares and those who applied for Tk 50,000 were given 75 shares.

Similarly, Expatriate (NRB) investors received 33 shares and loss-making investors received 22 shares each. The shares have been allotted to the investors in a random manner. In this case, some general investors got 17 shares and some expatriate investors got 34 shares.

Similarly, 8 shares of those who have applied for Rs 20,000 in IPO, 99 shares of those who have applied for Rs 30,000, 132 shares of those who have applied for Rs 40,000 and 175 shares of those who have applied for Rs 50,000 have been given.

On the other hand, 44 shares of those who have applied for Rs 20,000, 8 shares of those who have applied for Rs 30,000, 8 shares of those who have applied for Rs 40,000 and 110 shares of those who have applied for Rs 50,000 have been given.

It was informed on the occasion that 36.45 times more applications have been received for the IPO of Sonali Life. A total of 36,250 investors applied for shares in the IPO. Of these, 25,379 applications have been rejected. As such, three lakh 41 thousand 81 valid applications were received.

These legitimate investors have applied for 69 crore 24 lakh 8 thousand 400 shares for a total of 692 crore 47 lakh 74 thousand taka. Of these, 2,63,036 general investors have applied for 44.36 crore shares worth Tk 443.76 crore.

In the affected small investor quota, 49,992 investors applied for 8 crore 43 lakh 69 thousand shares worth Tk 84.36 crore. 16,122 people applied for the NRB quota. These investors applied for 56 crore 6 lakh 80 thousand shares for 5 crore 6 lakh 7 thousand shares.

(Dhaka Times / 21 June / SI)


Source: Dhakatimes24 Online by www.dhakatimes24.com.

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