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4.65 lakh applicants win Robi’s IPO lottery

Dhaka, Wednesday


27 November 2024


Business Insider Bangladesh

4.65 lakh applicants win Robi’s IPO lottery

BI Report || BusinessInsider

Published: 23:53, 10 December 2020  
4.65 lakh applicants win Robi’s IPO lottery

Photo: Collected

The lottery-draw for Robi Axiata Limited’s initial public offering (IPO) was held on Thursday at a city hotel. 

The lottery was conducted by BUET and overseen by CDBL, a press release from Robi says. 

The entire programme was broadcast live over social media platforms.

According to the PR, a total of 12 lakh 80 thousand 425 IPO applications were submitted for Robi's IPO, out of which 465,290 applicants were selected as winners of the lottery. 

With the completion of the lottery, Robi is now set to debut the country’s stock markets with the largest ever IPO. 

Senior officials from BUET, CDBL, DSE, CSE, IDLC Investments were present at the programme.