Robi IPO oversubscribed, sees third-highest retail demand

ডেইলি স্টার প্রকাশিত: ৩০ নভেম্বর ২০২০, ০০:০০

Investors have placed bids for Tk 2,226.4 crore of shares in Robi's initial public offering as the mobile phone operator looks to raise a record fund from the stock market. The bids are 5.74 times the proceeds the second-largest carrier is hoping to receive from the eligible investors, general public and non-resident Bangladeshis.  This means the IPO is oversubscribed, which
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