The Bangladesh Securities and Exchange Commission (BSEC) on Wednesday held a stakeholder consultation meeting aimed at making the country's Initial Public Offering (IPO) process more transparent, accountable, efficient and internationally standard-compliant.

The meeting was held at the BSEC head office in Agargaon, chaired by BSEC Chairman Masud Khan, according to a press release issued by the commission.

BSEC Commissioners Tanwir Habib Rahman, Nahid Mahtab, and Nafeez Al Tarik, along with senior officials of the commission, attended the meeting.

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The meeting held elaborate discussions on financial statement requirements for IPO applications under the Bangladesh Securities and Exchange Commission (Public Offer of Equity Securities) Rules, 2025, along with the roles and responsibilities of auditors, issue managers and issuers, and ways to make the IPO process more effective and investor-friendly.

Discussions also covered IPO pricing, listing of public interest entities, direct listing and rights issues, among other matters.

Representatives of various organisations participating in the discussion presented their assessments and recommendations on the existing challenges, practical experiences and potential reform areas in the IPO process.

The commission assured that it would consider the stakeholders' opinions with due importance and take necessary policy support and legal reform measures accordingly.

Representatives from the Financial Reporting Council (FRC), the Institute of Chartered Accountants of Bangladesh (ICAB), the Dhaka Stock Exchange (DSE), the Chittagong Stock Exchange (CSE), the DSE Brokers Association of Bangladesh (DBA), the Bangladesh Association of Publicly Listed Companies (BAPLC), the Bangladesh Merchant Bankers Association (BMBA), various merchant banks, issue managers and other stakeholders also joined the discussion.

BSEC's executive director, directors and other senior officials were also present at the meeting.