Baraka Patenga’s cut-off price is 32 taka

Sunbd Desk || Published: 2021-03-02 10:33:23 || Updated: 2021-03-02 10:33:23

The cut-off price of Baraka Patenga Power Limited has been fixed at Tk 32 to raise money from the capital market through an initial public offering. This price has been fixed in the auction of the company. The highest price is Rs 32 and the lowest is Rs 13 by institutional investors.

This information has been known from DSE sources.

It is learned that the bidding (auction) for the sale of the company’s shares is going on from February 22 to February 25 at 5 pm. In this bidding, the shares reserved for them will be sold to eligible investors as well as institutional investors.

The company was approved for bidding at the 755th meeting of the Bangladesh Securities and Exchange Commission (BSEC) on January 5.

Sunbd/NJ

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