Lub-rref ipo result | Lub-rref Bangladesh Limited. Ipo lottery draw result of Lub-rref Bangladesh Ltd. Today Lub-rref Bangladesh IPO Lottery Result on Tuesday at 10AM; February 23, 2021.
Lub-rref Limited IPO bidding started on October 12th. In Bangladeshi Lubricants company Lub-rref has expressed that it will set up a state-of-the-art base oil refinery in Bangladesh to help the country become self-reliant in the development of lubricants. Every people who are interested of IPO (
Lub-rref IPO Information 2021
Nature of Business: The principal activities of the company are to manufacture Automotive, Industrial, Marine, Power House Lubricants, Lube Base oil Refining and Lubricating grease Blending.
Major Products/Divisions: Manufacture Engine Oil, Gear Lubricants, Hydraulic Oil, Transformer Oil, Grease, etc..
Issue Manager NRB Equity Management Limited
Registrar to the Issue BetaOne Investments Limited
Auditor Ashraf Uddin & Co. , Chartered Accountants
Security Trading Code : LRBDL
Lub-rref Bangladesh Limited IPO Result
BSEC’s Consent for IPO : December 24, 2020
Issue Date of Prospectus : December 28, 2020
Subscription Open : January 26, 2021
Subscription Close (Cut-off Date) : February 01, 2021
Authorized Capital : BDT 2,500,000,000
Lub-rref Pre-IPO paid-up Capital : BDT 1,000,000,000
Lub-rref IPO size in shares : 45,243,144
Lub-rref IPO size in BDT at face value : BDT 452,431,440
Lub-rref IPO size in BDT at offer price : BDT 1,500,000,000
Post IPO Paid-up Capital : BDT 1,452,431,440
Lub-rref IPO Face Value per share : BDT 10.00
Cut-Off Price per share : BDT 30.00
Offer Price per share for GP :BDT 27.00
Lub-rref IPO Market Lot (Shares) : 200
Foreign Currency required for NRB and Foreign Applicants (per lot) : USD 64.14 or GBP 47.40 or EUR 52.78 Use of IPO Proceeds
Particulars Amount (BDT):
Expansion of Business (Acquisition & Installation of Machineries) 980,000,000 (65.33%)
Repayment of Bank loan 460,430,282 (30.67%)
IPO Expense 59,569,718 (4.00%)
Total 1,500,000,000 (100.00%)
NAV per share with revaluation BDT 31.93 as on June 30, 2019
NAV per share without revaluation BDT 25.96 as on June 30, 2019
Earnings per Share (Basic) BDT 2.08 for the year ended on June 30, 2019
Lub-rref ipo result | Lub-rref Bangladesh Limited
Lub-rref says that it also wants to export after meeting domestic requirements, as global demand is driven by the growth of automotive production.
In Conclusion we share today important news about Lub-rref Bangladesh Limited IPO Lottery Draw Result from DSE or CSE.