The Strategic Journey of the Biggest IPO in Bangladesh: The Case of Robi Axiata Limited

Md. Tahidur Rahman; Md. Ariful Haque Chowdhury; Syed Zabid Hossain

Volume 9, Issue 3 , March 2022, , Pages 144-154

  Robi Axiata Limited (Robi)—a multinational cellphone operator—got the nod for the ever-biggest initial public offering (IPO) from Bangladesh's regulatory body on 14 October 2020. The IPO process ended on 24 December 2020 through its debut on the country's two stock exchanges. Based on both ...  Read More

Exploration of IPO Motives, Oversubscription and Flotation Costs: Evidence from Bangladesh

Md. Tahidur Rahman; Syed Zabid Hossain; Md. Anwarul Haque; Md. Abu Hanif Ashik

Volume 7, Issue 12 , December 2020, , Pages 708-725

  This study intended to explore the IPO motives and the factors that contributed to IPO oversubscription in Bangladesh. Based on hand-collected data from 101 sample IPO prospectus during 2010–19, the study found an average of 10 IPOs per year, mostly (90%) through the fixed-price method. Among the ...  Read More