During Walton’s IPO bidding, one of the leading institutional investors LankaBangla Asset Management Company Limited bid Tk 449 for each share. LankaBangla's Chief Investment Officer MA Faisal Mahmud said, “We thoroughly analysed Walton's prospectus and financial reports and saw that Walton was growing up historically among other domestic companies. As the company is producing various products indigenously, they are in good shape considering it.”

“Walton’s continuity of growth, business development and future prospects has seemed good to us," he said. “In addition, the company has a relatively low volume of free-float shares. As a result, it is expected that the company will have share demand. Considering these factors, LankaBangla made a bid of Tk449 per share, which I think was reasonable price.”

IDLC Investment and Finance, another top leading investment companies, made the bid of TK411. Managing Director of the company Md Moniruzzaman said, “In terms of bidding, we've seen how powerful Walton's business model is. In particular, it has been considered whether Walton will be able to sustain business with other companies and what their net and gross profit margin will be in the long run.”

He said Walton is a very good business model in the country. Everyone is watching it and there is lots of evidence. In the local market, the demand for the products of the company is increasing. Market participants think that the lack of a fund-based company will be met if domestic electronics giant Walton is listed in the capital market. This will bring back momentum and increase depth in the capital market.

On January 15 last year, Walton performed a road show to collect Tk100 crore from the stock market in book building system. Then in January this year, the Securities and Exchange Commission of Bangladesh approved the IPO bidding for the company.

The cut-off price of shares of Walton Hi-Tech Industries Limited was then set at Tk315 each after bidding by eligible institutional investors.