Doer Services PLC, an IT-based company, has applied to the Bangladesh Securities and Exchange Commission to raise Tk5 crore through a qualified investor offer (QIO) on the SME platform. The company plans to issue 5 lakh shares at a face value of Tk10 each to expand its business. The funds raised will be allocated towards product development, cloud computing infrastructure, product penetration, and expanding development facilities. Doer Services offers software development, customization, outsourcing, data entry, and processing, support, maintenance, and call center services throughout Bangladesh. It specializes in agent banking solutions and manages various projects in the fintech sector. Agrani Bank, the Insurance Development Regulatory Authority, the Microcredit Regulatory Authority, and the National Board of Revenue are among its largest customers. If successful, Doer Services will become the first technology company listed on the SME platform. The company’s revenue for July to December 2022 was Tk28 crore, with a net profit of Tk7 crore. Alpha Capital Management Ltd is the issue manager for the QIO.
Doer Services Seeks Tk5 Crore through QIO on SME Platform
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