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The IPO lottery draw of Genex Infosys will be held today (Thursday) which will allocate 20 million ordinary shares among the successful applicants.
The initial public offering (IPO) lottery draw will be held at 10:30am at the Institution of Engineers, Bangladesh (IEB) in Dhaka, according to Chittagong Stock Exchange.
After the lottery draw, results will be published on the websites of Dhaka Stock Exchange (DSE), Chittagong Stock Exchange (CSE) and the company.
Genex Infosys, an IT company, raised a fund worth Tk 200 million from the capital market under the fixed price method by offloading 20 million ordinary shares at an offer price of Tk 10 each.
The share subscription for the initial public offering (IPO) of Genex Infosys was held on November 18 and November 29.
The Bangladesh Securities and Exchange Commission (BSEC), approved the company's IPO proposal on September 4.