IPO Result of Golden Harvest Agro Industries Ltd

Golden Harvest Group is a diversified conglomerate headed by Rajeeb Samdani, Group Managing Director. The group is involved in various sectors including Information Technology, Bulk Commodities trading, Real Estate developments, Logistics and Food Processing. The Group is also a joint venture partner of Nippon Express, the largest Logistic Company in Asia and the 6th largest Logistic Company in the world.

Golden Harvest also acknowledges that “business organizations are members of society”, and is highly aware of its need to co-exist with society, and also of the demands placed on it to be a good corporate citizen. Keeping that in mind, Golden Harvest is involved in various CSR activities including a charitable hospital in Sylhet, Bangladesh.

Goladen Harvest Agro IPO result will published on 24 January at Enginnering Institute in Dhaka at 10:00 Am.

The Golden Harvest Agro Industries floated 30 million ordinary shares of Tk 10 each at an offer price of Tk 25, including a premium of Tk 15, to raise Tk 750 million from public.


As of the financial statement of June 30, 2011, the company’s earnings per share (EPS) was Tk 4.72 and net asset value (NAV) per share was Tk 25.53.

All concerned are hereby informed that the primary status of the IPO of Golden Harvest Agro Industries Ltd.: Total amount of subscription (excluding NRB)=Tk.5,056,920,000.00 & Total No. of application=661,920. Total amount received from NRB Tk.95,250,000.00 and Total application from NRB =12,700 as per reporting date 6 January 2013. i.e IPO oversubscribed 6 times.