LOVELLO IPO Lottery Result Published- Taufika Foods and Agro Industries Limited IPO Result

LOVELLO Ice Cream IPO Lottery Result Published which is a Brand of Taufika Foods and Agro Industries Limited.

Click Here to See the Lovello Online IPO Result

Taufika Foods and Agro Industries Limited (LOVELLO Ice cream) IPO Lottery Results

Title Download

Stock Exchange TREC No. / M.Bank SL No.

Download

Residents Bangladeshi

Download

Affected small investors(ASI)

Download

Non-Residents Bangladesh

      Download

All Eligible Investors (Pro-rata Allotment)

Download

DSE website’s IPO Lottery Result link:

https://www.dsebd.org/ipo_lottery_result.php

Lets see prospectus of Lovello IPO:

 

Taufika Foods and Agro Industries Limited (As per Prospectus)

Major Products: Ice-Cream Products.

Security Trading Code: LOVELLO (TAWFIKA FOODS)

BSEC’s Consent for IPO : November 30, 2020

Issue Date of Prospectus: December 02, 2020

Subscription Open: January 03, 2021

Subscription Close (Cut-off Date): January 07, 2021

For approved pension funds, recognized provident funds and Minimum Investment for EIs approved gratuity funds BDT 50,00,000 (Market Price). For other EIs BDT 1,00,00,000 (Market Price).

Cut-off date for Minimum Investment December 23, 2020 (at the close price of)

Lovello Ice Cream IPO Authorized Capital : BDT 1,000,000,000

Lovello Pre-IPO paid-up Capital: BDT 550,000,000

Lovello IPO size in shares : 30,000,000

Lovello IPO size in BDT at face value:  BDT 300,000,000

Lovello IPO size in BDT at offer price : BDT 300,000,000

Lovello Post IPO Paid-up Capital : BDT 850,000,000

Lovello IPO Face Value per share BDT 10.00 Offer Price per share: BDT 10.00

Lovello IPO Market Lot (Shares): 500

Foreign Currency required for NRB USD 59.39 or Pound 44.36 or EUR 49.42 and Foreign Applicants (per lot) Particulars Amount (BDT) Acquisition of

Plant & Machinery 90,365,003 (30.12%)

Freezer Purchase 57,849,847 (19.28%)

Vehicles Purchase 20,564,250 (06.86%)

Use of IPO Proceeds Investment in Depot to increase 13,220,900 (04.41%)

Sub-Total 182,000,000 (60.67%)

Bank Loan Repayment 90,000,000 (30.00%)

IPO Expenses 28,000,000 (09.33%)

Total 300,000,000 (100.00%)

NAV per share BDT 12.17 as on September 30, 2019

Earnings per Share (Basic) BDT 1.20 for the quarter ended September 30, 2019

Issue Manager Banco Finance and Investment Limited and Sandhani Life Finance Limited

Auditor Islam Quazi Shafique & Co. Chartered Accountants

Website: www.lovello.club

Leave a Comment

x