His body was taken to the Shaheed Minar around 11 am so that fans and well-wishers can pay their last respect. The body was kept there until 12:30 pm.
Bulbul, also a freedom fighter, was also given a guard of honour at the Shaheed Minar premises.
A delegation on behalf of President M Abdul Hamid placed a wreath on his coffin while cultural personality and former minister Asaduzzaman Noor, state minister for cultural affairs KM Khalid paid homage to Imtiaz Bulbul.
Awami League leader Mahbubul Alam Hanif on behalf of the ruling party placed a wreath on the coffin of the noted lyricist.
His first namaj-e-janaza was held after Zohr prayers at Dhaka University mosque while the next namaj-e-janaza will be held at the Bangladesh Film Development Corporation premises.
Bulbul will be laid to eternal rest at Mirpur Martyred Intellectuals' Graveyard after Asr prayers.
Bulbul was taken to Ayesha Memorial Hospital at Mohakhali after he suffered a heart attack at 4 am on Tuesday where doctors declared him dead
His body was kept at the mortuary of a hospital.