Allotment of Ekata’s IPO tomorrow at NMB capital from 8:30am onwards
Sun, Jul 13, 2014 12:00 AM on Share Allotment,
ShareSansar, July 11:
Allotment of Initial Public Offering (IPO) shares of Ekata Bikas Bank, will take place tomorrow on July 14 according to an official at NMB Capital, which is the issue manager of the development bank.
As per the official, the allotment will start from 8:30 am at NMB Capital itself. He further stated that the shares will be allotted proportionately.
The development bank floated its IPO worth Rs 8 crore on June 4, and was closed on June 9 with oversubscription of about 15 times.
