The opening price range of Rastra Utthan Laghubitta is between Rs 167.43 paise to Rs 502.29 paise for the first trading of microfinance shares. Accordingly, the share trading of Rastra Utthan Laghubitta will open on Sunday.
Nepse has given RUBL trading signal to the shares of microfinance. The price will be reached up to Rs,1500 if the market will increase trend. opening price range of Rastra Utthan Laghubitta is based on its book value.
A total of 2.6 million shares of microfinance were listed on Nepse on Thursday.
Microfinance has issued 850,000 shares to the public and 1.7 million shares invested by the founders, of which 2.6 million shares are listed in Nepse.
Rastra Utthan Laghubitta was issued 8,50,000 shares, 0.5 percent or a total of 13,000 shares were allocated for the employees. Another 5 percent or a total of 42,500 shares were allocated for the mutual funds. The remaining 7,94,500 shares were allocated to the general public with the systematic lottery.
In the company’s IPO, 26,26,090 individuals have applied for 3,04,31,370 shares worth Rs 3 billion 4 crores 31 lakh 37 thousand rupees. This IPO is also 38.30 times more than the 7,94,500 shares opened for the general public.
According to IPO allotment results, a total of 79,450 eligible applicants had received 10 units as per the Securities Issuance and Distribution Directive. Accordingly, it is seen that more than 25 Lakh 46 thousand 6 Hundred 40 people were returned empty hands.
The company’s paid up capital was Rs. 175 million before issue the IPO. The paid up capital of the company was reached Rs. 260 million after the IPO allotment now.
Rastra Utthan Laghubitta IPO Result – Rastra Utthan IPO Result
Rastra Utthan Laghubitta IPO Result summary is here. This summary sheet will provide key information of IPO allotment results in below table.
|Company Name||Rastra Utthan IPO|
|Total Company Share for this IPO||8,50,000 Units|
|Ipo General Public Issued||7,94,500 Units Kitta|
|Total applicants||26,26,090 Applicants|
|IPO Issued Manager||NIBL ACE Capital Limited|
|Total applied shares||3,04,31,370 units|
|Oversubscribed by||38.30 times|
|Total Allotment to Applicants||79,450|
|Allotment per applicants||10 units|