Allotment of Sahara’s IPO at 4 P.M. today; likely to be allotted proportionately at 1.29%
Tue, Jul 15, 2014 12:00 AM on Share Allotment,
ShareSansar, July 15: 
Allotment of the Initial Public Offering (IPO) shares of Sahara Biskas Bank will take place at 4 P.M. today at the office of Global IME Capital Limited, Jamal, according to an official of the merchant bank, which is also the issue manager of the development bank.
He has also stated that the share should be allotted proportionately at 1.29 percent.
The class ‘B’ development bank based in Malangwa of Sarlahi district had floated the IPO worth Rs 60 lakh on June 6, and was closed on June 10 with oversubscription of almost 79 times.
