Mahila Laghubitta Bittiya Sanstha Limited allotted the IPO

Mahila Laghubitta Bittiya Sanstha Limited allotted the IPO for general public on 26 February 2021. Due to limitation of IPO result publication, investors are facing the problem to find out the result of this IPO. To solve this problem, we are writing the article.

The Issuing CompanyMahila Laghubitta Bittiya Sanstha Limited
Issue ManagerNepal SBI Merchant Banking Ltd.
Security TypeCommon Stock -IPO
Date of Approval From SEBON2077-10-08
Total Number of Securities Allotted to MF Schemes20,000
Per Unit Share Price100
Allotted Amount to MF Schemes2,000,000
Total Number of Securities Issued for Public with Staffs380,000
Public Issue Amount, NPR (with staff)38,000,000
Issue Open Date (Public)2077-10-30
Issue Closure Dale2077-11-05
Proposed Allotment Date2077-11-14
Total Applicants1,540,035
Total Applied Kitta23,747,590
Total Invalid Applicants3,353
Total Invalid Kitta Applied54,960
Total Valid Applicants1,536,682
Total Valid Kitta Applied23,692,630
Minimum Kitta To Apply10
Maximum Kitta To Apply1,000
Minimum Allotted Kitta10
Total Allottee37,500
Total Allotted Kitta375,000

Summary:

START KITTA10
END KITTA1000
NO OF APPLICATION1536862
TOTAL APPLIED KITTA23692630
KITTA TO BE ALLOTED10
NO OF ALLOTEE37500
ALLOTED KITTA375000

Mahila Laghubitta Bittiya had issued 400,000 units worth Rs.4 crore as IPO to general public.

Out of the offered 4,00,000 units; 5,000 units have been set aside for the staff of the company and 20,000 units have been set aside for the mutual funds. The remaining 3,75,000 units are for the general public.

The Mahila Laghubitta Bittiya Sastha’s IPO had received applications from 15,36,682 valid applicants who had applied for a total of 23,692,630 units. The IPO was oversubscribed more than 63.18 times. 

As per the issue manager, 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.

How to Check IPO Result of Mahila Laghubitta Bittiya Sastha Ltd.:

You can check the IPO result of Mihila Laghubitta Bittiya Sastha Ltd from MeroShare (www.meroshare.cdsc.com.np), or, website of IPO Sales Manager or from the official website of Mahila Laghubitta (www.mlbsl.com.np)Click Here to Check your IPO Result

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