Allotment of Swabhimaan Laghubitta's IPO scheduled for Sunday at 10; Issue oversubscribed by more than 33 times

Swabhimaan Laghubitta Bittiya Sanstha Limited had issued 1,98,610 units ordinary shares worth Rs 1.98 crore to the general public from Baisakh 27-31, 2076.

Out of the offered 1,98,610 units; 3,093 units (0.5% of issued capital) have been kept for the employees of the company and 9,930 units (5% of total units allocated for the general public) have been kept for the mutual funds. The remaining 1,85,587 units are for the general public.

Siddhartha Capital Limited has been appointed as the issue manager for the IPO issuance.

The allotment of the issue is scheduled to happen at Jestha 05, 2076 (Sunday) at the premises of Siddhartha Capital at Narayanchaur, Naxal at 10 AM. A total of 3,29,590 applicants have applied for 62 lakhs units issued. The issue is oversubscribed by 33.40 times till last day.