Allotment of Janasewi Laghubitta's IPO on Monday, Jestha 06; Issue oversubscribed by more than 14 times
Fri, May 17, 2019 2:58 PM on External Media, IPO/FPO News, Latest, Stock Market,
Janasewi Laghubitta Bittiya Sanstha Limited had issued 4,63,300 units ordinary shares worth Rs 4.63 crore to the general public from today (Baisakh 31, 2076). This IPO issue was opened since Baisakh 27.
Out of the offered 4,63,300 units; 7,145 units have been kept for the employees of the company and 23,165 units have been kept for the mutual funds. The remaining 4,32,990 units are for the general public.
NMB Capital Capital Limited has been appointed as the issue manager for the IPO issuance.
The issue will be allotted on Jestha 06, 2076 (Monday). The IPO has been oversubscribed by 14.28 times.
The microfinance institution currently has issued capital of Rs 14.43 crore and paid up value of Rs 9.8 crore. After the issuance of the IPO shares, the paid up value will scale up to Rs 14.43 crore.
