IPO 40 times oversubscribedeGeneration, the first software technology company to gopublic, is raising quite the interest among general investors, who placed orders for shares 40.76 times their allotted amount. Investors booked shares worth more than Tk 611.43 crore against the Tk 15 crore allocated for them. The IPO draw results will be published on the websites of the Dhaka Stock Exchange, Chittagong Stock Exchange and the company’s own. And the crown jewel of eGeneration’s business expansion plans is a digital healthcare platform. Ahsan is expecting eGeneration’s revenue to hit Tk 57 crore by next year.

Source: Dhaka Tribune February 06, 2021 18:45 UTC