The green light was given from the city's stock exchange at a board meeting this week, local media said.
A trading date will be announced soon, following a public share sale in August.
The company sold 45m shares at BDT 35 each, raising BDT 1.575bn ($20.35m).
A total of 82.64% of the cash will be used to pay off debt, while infrastructure development will take a 15.87%
