DGICL IPO Lottery Result Published - Desh General Insurance IPO Lottery Result in March 10, 2021

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10th March 2021, DGICL IPO Lottery Result Published.

Desh General Insurance IPO Lottery Result (DGICL IPO) publishing possible date is 10 March 2021.

Desh General Insurance Company Limited (DGICL IPO) is one of the leading non-life insurance companies in Bangladesh which offers a complete range of general insurance products and services in motor, marine, energy, property and casualty, health, accident, and liability areas across the country.

The DGICL Company has started its Initial Public Offer (IPO) subscription on 14 February 2021 this year. BO Account holders may apply for primary shares of the company until 18 February 2021.

IPO Lottery Result will be updated and found here timely.

Desh General Insurance has maintained its market headship and supremacy over the journey of these 20 glorious years with the vision to build a secure Bangladesh. The main objective of the Company is to carry on all kinds of insurance, guarantee, and indemnity business other than the life insurance business.

Desh General Insurance Company Limited IPO Information Details

Desh General Insurance Company Limited DGICL IPO Lottery Result publishing possible date is March 10, 2021.

Desh General Insurance Company Limited has got consent from BSEC to get enlisted in the share market of Bangladesh under the Fixed Price method. Bangladesh Securities and Exchange Commission (BSEC) has approved for the Initial Public Offering (IPO) to raise Tk. 16 crores from the capital market through the Fixed Price method. Bangladesh Securities and Exchange Commission (BSEC) has approved the initial public offering (IPO) of Desh General Insurance Company Limited at their regular commission meeting held on December 02, 2020.

Financial Information of Desh General Insurance Company Limited (DGICL IPO)

The company’s issue manager’s name is Prime Finance Capital Management Limited. The company will use the IPO Fund for Investment in FDR & Treasury Bond, Investment in Capital Market of Bangladesh & Expenses of IPO Process.

For the Company’s IPO fund, the company will use the IPO Fund for Investment in FDR & Treasury Bond, Investment in Capital Market of Bangladesh & IPO-related relevant expenses according to the IPO prospectus.

Confirmation If Your IPO Application is Deposited or Not? Check the Consolidated Application List Click Here

You can check your IPO Application (Desh General Insurance Limited which Subscription Open February 14, 2021, and Close date February 18, 2021) is CORRECTLY deposited or not. Check by the link below:

CHECK CONSOLIDATED APPLICATION LIST

Desh General Insurance Company Limited IPO Lottery Result Click Details

Desh General Insurance Company Limited IPO Lottery Result publishing possible date is 10 March 2021. Total Applied .. Times, General Applied (RB) .. Times, Affected Applied 28.49 Times, NRB Applied 12.86. Times. Download Desh General Insurance Company Limited IPO Lottery Result from here. After the ending of application of the Initial Public Offer (IPO) from February 14, 2021, to 18 February 2021, Desh General Insurance Company Limited IPO Lottery draw may be held on March 10, 2021. Place: IPO lottery of Desh General Insurance Company Limited performed on 10 March 2021. The IPO results also published on the websites of the Dhaka Stock Exchange (DSE), Chittagong Stock Exchange (CSE), and the company’s website after the lottery programmed. See the Result below.

Click the following Link to get Desh General Insurance IPO Lottery Result

Stock Brokers/Merchant Banks Code
General Public/Resident Bangladeshi
Non-Residence Bangladeshi(NRB)
Affected Small Investors
All Eligible Investor (Pro-Data Allotment)

You can also get the result from the official website of Desh General Insurance Company Limited IPO Lottery Result i.e. www.deshinsurancebd.com

You can also download the Desh General Insurance Company Limited IPO Lottery Result from Dhaka Stock Exchange (DSE) original website http://www.dsebd.org/ipo_lottery_result.php

Prospectus of Desh General Insurance Company Limited – DGICL IPO Lottery

The below prospectus has been described as the overall information of the company. Sector: Insurance

Major Services: Fire Insurance, Marine Insurance, Motor Insurance, Engineering Insurance, Miscellaneous.

Security Trading Code: DGIC

BSEC’s Consent for DGICL IPO: January 13, 2021

Issue Date of Prospectus: January 13, 2021

Subscription Open: February 14, 2021

Subscription Close (Cut-off Date): February 18, 2021

Authorized Capital: BDT 1,000,000,000

DGICL IPO size in shares: 16,000,000

DGICL IPO size in BDT at face value: BDT 160,000,000

DGICL IPO size in BDT at offer price: BDT 160,000,000

DGICL Post IPO Paid-up Capital: BDT 400,000,000

DGICL IPO Face Value per share: BDT 10.00

Cut-Off Price per share: BDT 10.00

Offer Price per share for GP: BDT 10.00

Market Lot (Shares): 500

NAV per share: BDT 11.62 as of December 31, 2019

Earnings per Share (Basic): BDT 1.36 for the year ended on December 31, 2019

Issue Manager: Prime Finance Capital Management Limited

Auditor: Rahman Mostafa Alam & Co. (Chartered Accountants)

Website: www.deshinsurancebd.com

Lot Distribution of Desh General Insurance Company Limited – DGICL

Click here to see the Lot Distribution of Desh General Insurance Company Limited

Institute (40%)=12,800 Lot

General (40%)=12,800 Lot

Affected (10%)=3,200 Lot

NRB (10%)=3,200 Lot

Total Lot (100%)=32,000 Lot

Brief Description of the Company (Desh General Insurance Company Limited-DGICL)

Desh General Insurance Company Limited – DGICL is a non-life Insurance Company that was incorporated in Bangladesh with the Registrar of Joint Stock Companies and Firms on 8th February 2000 vide certificate no. C-39596(1564)/2000 as a Public Limited Company under the Companies Act, 1994. The Chief Controller of Insurance, Government of the People’s Republic of Bangladesh issued the registration certificate no. CCI/13/15/99-397 with effect from 2^nd March 2000 for carrying on business under the Insurance Act 1938. A short profile about the Company is presented below:

Date of incorporation as Public Limited Company: 8 February 2000

Date of commencement of business: 8 February 2000

Received registration certificate by The Chief Controller of Insurance: 2^nd March 2000

Commencement of commercial operation: 02 March 2000.

Registered & Corporate Office of DGICL

Desh General Insurance Company Limited

Jiban Bima Bhaban, Level#5, Front Block,
10 Dilkusha C/A, Dhaka – 1000
E-mail:[email protected]
Web: www.deshinsurancebd.com

Tel: +88-02-9571642-5
Fax: +88-02-9561920

Corporate Office Head Office