FAQ
Frequently Asked Questions
BO Account stands for Beneficiary Owners Account. If you want to start investing and stock trading in the stock market in Bangladesh then you need to open a Beneficiary Owners account. Just like a Bank Account is used to hold your money, your BO account is used to hold your shares. All shares from new IPOs and most secondary market shares are in electronic form and a BO account, owned by you the investor, holds the electronic shares.
To open a BO account, simply click on this link: BO Account. Once you fill it out, your BO account will be opened automatically by our BO department. Please check your email for BO Account Confirmation once the BO department is done verifying your information.
Three copies Passport size photograph of the account holder. (Attested by the account holder)
Copy of National ID card, Valid Passport, Driving License, or other Govt. issued Photo ID.
Copy of Bank Cheque leaf.
One copy passport size photograph of the nominee(s) if any. (Attested by the account holder)
Copy of National ID card /Valid Passport of Nominee.
One copy Passport size photograph of an authorized person if any. (Attested by the account holder).
Copy of National ID card /Valid Passport of an authorized person if any.
TIN certificate (to enjoy TAX Benefit).
Three copies Passport size photograph of the account holder. (Attested by the account holder)
Photocopy of Passport (with a valid visa) of the account holder
Copy of service agreement/Work permit/Residence permit/Business documents
Copy of Cheque leaf of foreign currency (FC) Bank account and bank certificate containing the name of the applicant, name of father& mother, and bank account number
Copy of National ID card /Birth certificate /Valid Passport of Nominee
One copy passport size photograph of the nominee(s) if any. (Attested by the account holder)
Copy of National ID card /Valid Passport of Power-of-Attorney
Copy of notarized Power-of-Attorney acknowledgment
Opening a BO account costs only Tk. 500.
After opening a BO account, you simply need to put money into your BO account to start buying shares in the Dhaka Stock Exchange. Simply fund your BO account from your bank account. You can deposit money into your BO account by using cash, cheque, Electronic Fund Transfer, or online bank deposit.
After you have opened a BO account and deposited money into that account, you are
ready to buy and sell shares. You can buy/sell stocks in multiple ways:
Online (through our Mobile app or OMO on our website).
Over the phone by calling our Authorized Representative,
Visiting your nearby branch to place a buy or sell order.
If you wish to invest in the secondary market, there is no minimum amount. You can start as low as Tk. 20,000. If you want to apply for IPOs, typically IPOs as Tk.10000. It depends on your investment outlook.
When a company makes the public issue of shares for the first time, it is called an Initial Public Offering. IPO allows a company to raise capital from public investors by offering shares through the primary market. An IPO is a subscription process where you simply apply for an IPO through Sharp Securities Ltd. The service charge for applying for an IPO is only Tk. 5 total.
You can apply online for all the latest IPOs. Fill out the form and we will take action on the rest. You can also apply by phone call order. Just make sure you have enough balance in your BO account.
You can deposit money in your BO Account maintained with sharp securities ltd. by BEFTN or Physical deposit.
We are pleased to offer you a fund withdrawal by BEFTN. You can withdraw funds from your portfolio account maintained with Sharp Securities LTD without a cheque. Please download and fill up the form accordingly. Send it to your nearest convenient branch.
Yes, we do. Just write down your email address when you open your BO account with us.