Thursday, February 25, 2021

How to check IPO result of Mahila Laghubitta Bittiya Sanstha Limited

The IPO allotment of Mahila Laghubitta Bittiya Sanstha Limited is concluded today at the office of issue manager Nepal SBI Merchant Banking Limited.

The issue had received applications from 15,36,682 valid applicants who had applied for a total of 23,692,630 units. The issue was oversubscribed more than 63.18 times. As per the allotment module, a total of 37,500 applicants were allotted 10 units each via lottery, and the remaining 14,99,182 applicants were returned empty hands.

A total of 5,000 units were allotted to the staff of the company and 20,000 units allotted to mutual funds.In total 3,353 applicants who applied for 54,960 units were disqualified.

Given that the IPO was oversubscribed, the allotment was done as per the Securities Issuance and Allotment Directive.

Investors can now view the result of Mahila Laghubitta Bittiya Sanstha Limited  IPO through three mediums.

click [ HERE ] to view ways to check IPO results of  Mahila Laghubitta Bittiya Sanstha