Namaste IPO result: Small and Big Investors, both get 32.60%

ShareSansar, July 11

Namaste Bittiya Sanstha Limited has allotted 100,000 units of its ordinary shares to the public today. Some 1,315 applicants including 6 staff have applied for the company IPO which was oversubscribed by 3.067 percent.

The retails and big investors both are allotted 32.60 percent.

Namaste’s paid up capital will increase to Rs 2.5 crore after the IPO. As per the company’s audited financial report for FY 2068/69, its net worth stands at Rs 162.12 and its EPS is Rs 21.53.
 
There is a strong chance of the company proposing a good number of bonus shares for its shareholders from the profit made this fiscal year. Namaste Finance is established under a special provision made by Nepal Rastra Bank with its operations limited to Dang district only.

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