Taufika Foods and Agro Industries IPO Application Date Announced. Forthcoming IPO: Lovello Ice Cream announces IPO application starts date and deadline. Taufika Foods and Agro Industries Ltd Forthcoming Initial public offering Prospectus by lovello.club. Lovello Ice Cream IPO Share PUBLIC ISSUE OF 30,000,000, ORDINARY SHARES OF TK.10.00 and EACH AT PAR TOTALING TK.300,000,000.00. So, Lovello Ice Cream IPO Subscription Information attached on below. Concern people may check out the Taufika Foods and Agro Industries Ltd IPO news.
Taufika Foods and Agro Industries IPO Application Date Announced
Opening and Closing date of Subscription:
Opening date of subscription: 03rd January 2021
Closing date of subscription: 07th January 2021
MANAGERS TO THE ISSUE: BANCO FINANCE AND INVESTMENT LIMITED and SANDHANI LIFEFINANCE LIMITED
Incorporation August 07, 2011
Registration No.C-94700/11
Converted into Public Limited Company July 08, 2019
Commencement of Commercial Operation January 02, 2016
Nature of Business the Company is anIce-cream manufacturer and supplier in Bangladesh.
Offer Price BDT 10.00
Number of Shares 30,000,000
Ordinary Shares Offer Size BDT300,000,000
Purpose of Raising Fund Net Proceeds from initial public offering (IPO) would be used for Expansion of Capacity (payment of Bank Loan, acquisition of Plant and Machineries, Freezer Purchase, vehicle Purchase, Investment in Depot to Increase) Date of Implementation Within 24 months after receiving IPO fund. Read More: Bangladesh Share News of IPO Lottery Draw Result.
Capital structure and history of capital raising: The Company intends to issue 30,000,000 ordinary shares of BDT10.00 each through Initial public offering (IPO) at an issue price of BDT10.00 each at par totaling to BDT300, 000,000.00 subject to regulatory approvals.
Meanwhile, Bangladesh Securities and Exchange Commission (BSEC) has been approved IPO of Lovello Ice Cream on the meeting of 744.
Lovello Ice Cream IPO News
If you need more information about Taufika Foods and Agro Industries Ltd IPO; visit to https://lovello.club. Lovello Ice Cream Initial public offering is the most popular thinking the shareholders. Primary share applicants wait for date to apply of IPO. Not Only Forthcoming IPOs News but also all ipo lottery draw information added to our website.