Doer Services QIO application starts on 19th Jan

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Doer Services QIO application starts on 19th Jan

On January 19 at 10 am, Doer Services will begin accepting applications for the Qualified Investor Offer (QIO), which allows investors to take money out of the stock market. It will go on until 4:30 p.m. on January 23.

Sources close to the Dhaka Stock Exchange (DSE) disclosed this information.

Prior to this, the business received QIO approval at the 911th commission meeting, which was presided over by Professor Shibli Rubaiyat-ul-Islam, Chairman of the BSEC, on June 9.

According to the notification, Doer Services PLC has also been given Tk 5 crore in QIO approval in order to develop long-term financing options for the SME sector. By offering 5 million shares at a price of Tk 10 apiece to eligible investors, Doer Services hopes to raise Tk 5 crore from the market. The company plans to use the money raised to pay for issue management costs, cloud computing and related expenses, and product development (Doer School Management Software, D-Courier, Call Center and Tracking System, and AI Software).

The company’s earnings per share (EPS) for the fiscal year 2022-23 was Tk 4.86. And the net asset value (NAVPS) stood at Tk 17.85. Alpha Capital Management Limited is in charge of the issue management of the company.

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