BSEC assures fair pricing under new IPO rules
BSEC chief said the chief adviser has instructed profitable and fundamentally strong state-owned and multinational companies to enter the capital market through direct listing.
The Bangladesh Securities and Exchange Commission (BSEC) has assured that companies seeking to enter the capital market under the revised Initial Public Offering (IPO) rules will receive fair pricing and transparent valuation, as part of a broader effort to modernise the listing framework and strengthen regulatory oversight.
BSEC Chairman Khondoker Rashed Maqsood made the remarks today (8 December) at a stakeholder meeting held at the commission's office in Agargaon. The meeting brought together representatives from state-owned and multinational companies to review the draft IPO rules and discuss mechanisms for direct listing, according to a press release issued by the commission.
At the meeting, the BSEC chief said the chief adviser has instructed profitable and fundamentally strong state-owned and multinational companies to enter the capital market through direct listing.
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"In line with this directive, the companies must now prepare to come to the market. The highest level of government has already communicated the instructions, and the implementation process must begin without delay," he said.
He noted that the revised IPO rules place strong emphasis on transparent valuation methods that ensure investor protection while making the listing process smoother for issuers. The updated regulatory framework is expected to encourage high-quality companies — particularly those previously hesitant due to pricing concerns — to consider listing.
The session featured detailed discussions on the draft regulations, operational preparedness, and valuation-related challenges in bringing state-owned and multinational companies to the market through direct listing. Participants shared recommendations aimed at improving efficiency and reducing bottlenecks in the listing process.
Senior BSEC commissioners and officials attended the meeting, along with representatives from the Investment Corporation of Bangladesh, Bangladesh Chemical Industries Corporation, Synovia Pharma PLC, Novartis Bangladesh, Karnaphuli Gas Distribution Company Limited, North-West Power Generation Company Limited, and Sylhet Gas Fields Limited.
