Dhaka, Nov. 20 -- The revised public issue rules would discourage new listings if enforced with the proposed cap on post-paid-up capital and the bar on using IPO proceeds for loan repayments, said market operators and entrepreneurs.

They expressed their views on Wednesday at a discussion on the draft rules titled Bangladesh Securities and Exchange Commission (Public Offer of Equity Securities) Rules, 2025.

Apart from stock brokers and merchant bankers, representatives of several businesses attended the programme arranged by the Dhaka Stock Exchange (DSE) and the DSE Brokers Association (DBA).

Reza Uddin Ahmed, executive director of the City Group, said companies of many established business groups no longer needed to raise money for wo...