Dhaka, Nov. 3 -- The revised public issue rules propose the removal of the provision that allows retail investors to purchase primary shares at a discount to the cut-off price determined by eligible investors (EIs) through institutional bidding.

The market watchdog has sought public opinion on the drafted rules titled "Bangladesh Securities and Exchange Commission (Public Offer of Equity Securities) Rules, 2025," designed not only to attract new listings but also to protect investors from fraud and scams.

The proposal to abolish the discount facility targets initial public offerings (IPOs) floated under the book-building method. In such cases, all investors, including retail ones, would purchase IPO shares at the cut-off price, while sh...