Home ›› 15 Feb 2022 ›› Stock
Mamun Agro Product Ltd is all set to make its debut on the SME platform today on the Dhaka Stock Exchange.
Its share trading will begin under a code called “MAMUNAGRO”.
On October 28 last year, the Bangladesh Securities and Exchange Commission (BSEC) approved Mamun Agro Product to raise Tk 10 crore through QIO or Qualified Investor Offer.
It issued 1 crore shares with an offer value of Tk 10 each.
The money raised by the company will be spent on civil construction, working capital, and issue management costs.
According to the company’s financial report for the year ended on March 30, 2021, the earnings per share (EPS) stood at Tk 0.98 and the net asset value (NAVPS) without revaluation reserves stood at Tk 15.25.
The company will not be able to issue any bonus shares for the next three years from the date of transaction on the SME platform.
