The authority of the Associated Oxygen Limited had declared its IPO Lottery Result 2020 today on 07 October 2020. The virtual lottery began on Wednesday morning at 10:30 am and concluded at noon. The virtual announcement programme took place at the Intercontinental Hotel in the capital of Bangladesh. Here is the IPO Result of the Associated Oxygen Limited (LTD) with PDF file. Download the PDF file of the Associated Oxygen LTD IPO Result 2020 here.
IPO Lottery Result 2020
IPO stands for the Initial Public Offering in Bangladesh. The companies are using to offer share in the primary market to increase capital. The public and private investors generally goes for the purchase of the shares that is know as IPO. Through a lottery, the IPO shares are disseminated among the successful investors who applied for the shares. If you fail to get the shares, you money will be refunded within two weeks automatically.
The investors who have have got the shares can sell them at almost hundred percent profit in the beginning date in the secondary market. Therefore, IPO is the investment in the share market which is totally risk free. That is why the young businessmen are turning them in the IPO sectors. Recently, a number of renowned companies have called for IPO while some declared their lottery result 2020.
Associated Oxygen IPO Lottery Result 2020
Today, the Associated Oxygen LTD has arranged its IPO lottery in a virtual programme in Dhaka. In the programme, they have declared the name of the successful investors who have applied for the Associated Oxygen IPO lottery result 2020. Associated Oxygen Limited Chairman Md. Mizan Uddin Chowdhury, Managing Director MRS. Ismat Jahan, Board of directors, issue management firm, CDB, and the members of the Dhaka and Chittagong stock exchange were present.
The online application of the IPO share at the Associated Oxygen LTD began on September 10. The IPO submission date ended on a week later on 16 September. Later, after several days, the Associated Oxygen has published the name of the investors who have been selected in the ipo lottery result 2020. This year, Associated Oxygen Limited will raise capital worth Tk 15 crore.,
Associated Oxygen IPO Result PDF
Earlier, Bangladesh Securities and Exchange Commission, known as BSEC approved the withdrawal of Tk 15 crore through an IPO of the Associated Oxygen LTD. The results of the lottery were published on the special initiative of Stock Bangladesh today afternoon. You can find the Associated Oxygen IPO result pdf file from here to download. There are various categories of the IPO results as it varies in application. So, you must choose the category you have applied for the in the IPO.
Download Associated Oxygen LTD IPO Result PDF