Need our help ? Call Us

An IPO, or initial public offering, is the process by which a privately held company begins selling stock to outside investors, thus becoming a public company. From that point on, the company can raise the capital it needs by selling shares, but it must also comply with a strict set of reporting guidelines, as established by the Bangladesh Securities and Exchange Commission (BSEC). An IPO is a lottery process where you simply apply for an IPO through Midway Securities Ltd. If you are lucky in the lottery you will receive an IPO shares. If you are unlucky, you will get back all your money into your BO account. The service charge for applying for an IPO is only Tk. 10 total.

An IPO, or initial public offering, is the process by which a privately held company begins selling stock to outside investors, thus becoming a public company. From that point on, the company can raise the capital it needs by selling shares, but it must also comply with a strict set of reporting guidelines, as established by the Bangladesh Securities and Exchange Commission (BSEC). An IPO is a lottery process where you simply apply for an IPO through Midway Securities Ltd. If you are lucky in the lottery you will receive an IPO shares. If you are unlucky, you will get back all your money into your BO account. The service charge for applying for an IPO is only Tk. 10 total.

An IPO, or initial public offering, is the process by which a privately held company begins selling stock to outside investors, thus becoming a public company. From that point on, the company can raise the capital it needs by selling shares, but it must also comply with a strict set of reporting guidelines, as established by the Bangladesh Securities and Exchange Commission (BSEC). An IPO is a lottery process where you simply apply for an IPO through Midway Securities Ltd. If you are lucky in the lottery you will receive an IPO shares. If you are unlucky, you will get back all your money into your BO account. The service charge for applying for an IPO is only Tk. 10 total.

BO Account stands for Beneficiary Owners Account. If you want to start investing and stock trading in the stock market in Bangladesh then you need to open a Beneficiary Owners account. Just like a Bank Account is used to hold your money, your BO account is used to hold your shares. All shares from new IPO’s and most of secondary market shares are in electronic form and a BO account, owned by you the investor, holds the electronic shares.
In general, there are two types of Beneficiary Owners Account. One is Single/Joint BO and the other is NRB BO (Non-Residential Bangladeshi). Besides, there is also another account called Link BO, which is used to transfer your existing BO account from one broker house to another broker house. As you are a general investor you need to open a Single or Joint BO account. A person can open two Beneficiary Owners account in his/her in Midway Securities Ltd.: one single account and one joint account.

An IPO, or initial public offering, is the process by which a privately held company begins selling stock to outside investors, thus becoming a public company. From that point on, the company can raise the capital it needs by selling shares, but it must also comply with a strict set of reporting guidelines, as established by the Bangladesh Securities and Exchange Commission (BSEC). An IPO is a lottery process where you simply apply for an IPO through Midway Securities Ltd. If you are lucky in the lottery you will receive an IPO shares. If you are unlucky, you will get back all your money into your BO account. The service charge for applying for an IPO is only Tk. 10 total.