BSEC pilots online IPO application system to drive capital market digitisation
A total of 119 participants attended the session including representatives from key stakeholders
In a significant step toward digital transformation of the capital market, the Bangladesh Securities and Exchange Commission (BSEC) conducted a pilot testing and training session for its newly developed Online IPO Application System on 17 July.
The initiative is part of BSEC's broader strategy to streamline market operations, enhance transparency, and make the IPO application process more efficient and user-friendly for all stakeholders.
The training session began with opening remarks from Gour Chand Sarker, deputy director of BSEC, who highlighted the commission's long-term vision of digitising market infrastructure to foster a more robust and investor-friendly environment.
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This was followed by a detailed presentation from Mohammed Kamruzzaman Niton, chief technical advisor of Tappware Solutions Limited – the firm behind the development of the new system.
A total of 119 participants attended the session, including representatives from key stakeholders – two each from the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE), 106 representatives from 60 merchant banks, five officials from BSEC's Capital Issue Department, and four from the Management Information Systems (MIS) Department.
After the formal presentations, participants took part in a networking lunch that facilitated informal discussions and knowledge sharing. In the session, a hands-on training workshop led by Niton and his technical team allowed attendees to interact directly with the system, gaining valuable practical experience.
A lively question-and-answer segment followed, co-moderated by Rajib Ahmed, Director, and Iqbal Hossain, Additional Director of BSEC.
