We initiate an IPO note on NRB Commercial Bank Limited (NRBCBANK) with no assigned rating. The company plans to raise BDT 1,200mn through IPO under fixed price method. The fund will be used for enhancing Tier 1 capital base of the company. The BDT 1,200mn fund will be deployed in mostly government securities

We initiate IPO note on Genex Infosys Limited (GENEXIL) with no assigned rating. The company plans to raise BDT 200mn through initial public offering (IPO) under fixed price method. The fund would be utilized for