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AFC Agro Biotech IPO Result Afcagrobiotach

AFC Agro Biotech IPO Result Afcagrobiotach. AFC Agro IPO lottery Result and draw will be held 1st or 2nd week of January 2014. AFC Agro Biotech Ltd. Ipo Result will be given immediately after completed the lottery draw.  Afc agro IPO Subscription date was finished second week of December 2013. Our trusted sources said us that; AFC Agro Biotech Limited IPO (Initial public offering) over subscript seventy (70) times then Initial public offering Size as per primary status. AFC Agro Limited will offload twelve (12) million common shares of Tk 10/- not including any premium, to raise a fund value Tk 120 million under the fixed price method (FPM).

The AFC Agro Biotech Limited IPO (Initial public offering) proceeds will be used to buy latest machineries and to bear the costs of the procedure of public offering.

According to the company statement, the company’s half-yearly fiscal year report for the ended on 30th June in this year and their earning per share (EPS) 1.01/- Taka and net asset value (NAV) per share 11.10/- taka.

The key information about the AFC Agro Biotech IPO:

→ Number of shares: 1, 20, 00,000
→ Value of IPO (Initial Public Offering): TK. 12 Cores
→ Face Value (FV): TK. 10
→ Each Lot=500 shares
→ Total IPO Lots= 24,000
→ EPS (Earning Per Share) Tk=1.01/-
→ NAV (Net Asset Value) Tk=11.10/-