Dhaka, April 1 -- Some 40 companies will raise an aggregate amount of capital worth around Tk 30 billion from the country's capital markets.
The companies have intended to raise the capital floating IPOs (initial public offerings) under the book building and fixed price method to expand their business capacities.
Besides, many of the companies will also repay bank loans with the funds to be raised from the capital market.
Of the companies, 28 are expecting to raise an aggregate amount of capital worth above Tk 14 billion under the fixed price method.
And the remaining 12 companies are working to complete relevant processes to raise above Tk 15.65 billion under the book building method.
Under the book building method, Modern Steel has m...