Allotment of NRB Bank IPO shares – 2024-02-14 08:56:26

by times news cr

2024-02-14 08:56:26

Initial Public Offer (IPO) shares of NRB Bank have been allotted on pro-rata basis among common investors through Electronic Subscription System (ESS).

The allotment was given in a ceremony at the Listing Hallroom located in DSE Tower (Nikunj-2) on Tuesday (February 13).

Head and Assistant General Manager of the Listing Department of DSE. Rabiul Islam confirmed the allotment of shares among investors on pro-rata basis.

This information was informed in a press release sent by DSE.

For the company’s investors, applications of Rs 360 crore 55 lakh 30 thousand were received against a total of Rs 100 crore, which is 3.61 times against each share.

Resident Bangladeshi investors were allotted 255 shares and non-resident Bangladeshi investors were allotted 209 shares against every application of Tk 10,000.

Dhaka Stock Exchange (DSE) Chief Regulatory Officer Khairul Bashar Abu Taher Mohammad, Chittagong Stock Exchange Deputy General Manager Hasnain Bari, NRB Bank Ltd. Its Deputy General Manager. Officials of institutions including Shaheen Hauldar were present at the share allotment ceremony.

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