Some basic details first:
What is the issue size of the Marico Bangladesh IPO?
The Marico Bangladesh IPO is planning to raise around 2 million USD thorough the IPO.
What is the company profile & business for the Marico Bangladesh IPO
The company is in the business of consumer care - basically, its the largest cocunut hair oil producing company of India. It has a subsidiary since last 7 years in Bangladesh and it is this local subsidiary which is bringing out the IPO.
How many shares will be offered for sale for the Marico Bangladesh IPO?
Around 1.49 million shares or around 5% of the total share offering are expected to be sold through the Marico Bangladesh IPO.
What is the price band of the Marico Bangladesh IPO
The shares of Marico Bangladesh IPO are offered in the price range of 90 Taka per share.
What is the trading symbol & exchange for the Marico Bangladesh IPO
no info is available about the trading symbol, but the listing will be on Dhaka Stock Exchange and Chittagong Stock Exchange
What are the IPO dates for Marico Bangladesh IPO
The IPO for Marico Bangladesh is expected to come out next month.
What are the financial results and position for Marico Bangladesh IPO
Despite the recession, the company has managed to show good results. There were sales of Rs212 crore in 2008-09, and has been growing at a compounded annual growth rate of 70% for the past three years.
Who are the underwriters of the Marico Bangladesh IPO?
No info about that.
What is the current share holding pattern of Marico Bangladesh ?
As of now, the parent company marico India is the sole share holder.
What are the analysts recommendations for this IPO?
Some of the stock market analysts are surprised by this move from Marico, because the amount of money raised is not significant. Also, the company has claimed that it does not really need money, but is coming out with the IPO for better brand building. Some analysts feel that it may be gathering capital for a local acquisition
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