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 Company||Mahila Laghubitta Bittiya Sanstha Limited|
|Issue Manager||Nepal SBI Merchant Banking Ltd.|
|Security Type||Common Stock -IPO|
|Date of Approval From SEBON||2077-10-08|
|Total Number of Securities Allotted to MF Schemes||20,000|
|Per Unit Share Price||100|
|Allotted Amount to MF Schemes||2,000,000|
|Total Number of Securities Issued for Public with Staffs||380,000|
|Public Issue Amount, NPR (with staff)||38,000,000|
|Issue Open Date (Public)||2077-10-30|
|Issue Closure Dale||2077-11-05|
|Proposed Allotment Date||2077-11-14|
|Total Applied Kitta||23,747,590|
|Total Invalid Applicants||3,353|
|Total Invalid Kitta Applied||54,960|
|Total Valid Applicants||1,536,682|
|Total Valid Kitta Applied||23,692,630|
|Minimum Kitta To Apply||10|
|Maximum Kitta To Apply||1,000|
|Minimum Allotted Kitta||10|
|Total Allotted Kitta||375,000|
|NO OF APPLICATION||1536862|
|TOTAL APPLIED KITTA||23692630|
|KITTA TO BE ALLOTED||10|
|NO OF ALLOTEE||37500|
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