Dhaka, Oct. 26 -- Bangladesh's capital market is passing through one of its most difficult phases, with no new company going public for more than 18 months.
The initial public offering (IPO) market has remained virtually inactive since March 2024, despite repeated instructions from Chief Adviser Muhammad Yunus to boost activity by listing both state-owned and multinational companies.
Market analysts say this is the longest IPO drought in decades, raising serious concerns about investor confidence and the future of equity financing in the country.
The last company to go public was Techno Drugs Limited, listed in early 2024. Since then, the Bangladesh Securities and Exchange Commission (BSEC) has not approved a single IPO.
Shortly after b...