The share trading of Republic Insurance Company Limited and the BSRM Steels Limited will begin on the stock exchanges on Sunday.
The decision came at a meeting of board of directors of the Dhaka Stock Exchange (DSE) Wednesday.
The meeting approved the listing of the two issues, recommended earlier by the sub-listing committee, and fixed the date for debut trading of the two issues, a DSE official said.
The Republic Insurance floated 0.9 million ordinary shares with a face value of Tk 100 each to raise Tk 90 million from the markets.
Subscription of ordinary shares allotment of the BSRM opened on October 26 and closed on October 30 for the resident Bangladeshis and on November 11 for non-resident Bangladeshis.
The BSRM, the country's largest steel company, floated two million ordinary shares with the face value Tk 100 each to raise Tk 200 million from the markets. The after-IPO (initial public offering) paid up capital of the company is Tk 1.45 billion.
The raised fund from IPO will be used for partial financing of working capital of the company.
Subscription of ordinary shares allotment of the BSRM opened on November 9 and closed on November 13 for the resident Bangladeshis and on November 22 for non-resident Bangladeshis.
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