Dhaka, Bangladesh (BBN)- The Initial Public Offering (IPO) lottery draw of Green Delta Mutual Fund (GDMF) will be held on Monday at Bangabandhu International Conference Center in Dhaka.
The draw will be started at 10 am (local time) and further schedules of distributing refund warrants will be announced later.
The size of the GDMF is BDT 1.50 billion and its per unit price is BDT 10.
Of its total size, BDT 150 million has been allotted for sponsors, BDT 750 million for public and BDT 600 million for pre-IPO placement.
LR Global Bangladesh Asset Management Company is the issue manager of Green Delta Mutual Fund.
BBN/SI/AD-06Sept10-9:49 am (BST)