Unnati Microfinance allotment concluded; only 15,015 general public applicants allotted 10 kitta each through lottery
Fri, Feb 9, 2018 10:10 AM on Latest, IPO/FPO Result News, Featured, Share Allotment, Stock Market,
Siddhartha Capital Limited, the issue manager for the 1.65 lakh units IPO shares of Unnati Microfinance Bittiya Sanstha Limited, has concluded the allotment today at 8:30 AM.
Out of 244,427 valid applicants, only 15,015 were allotted 10 units each and they were chosen through lottery process. Likewise, 101 staffs of the microfinance company were allotted 6,600 units and 12 mutual fund schemes were allotted 8,250 units shares.
The issue worth Rs 1.50 crore had collected more than Rs 78.64 crore. There were a total of 2,467 invalid applicant whose applications were cancelled due to double application, mistake in their Demat account number and for application made for more or less than the mentioned kitta.
Unnati Microfinance had issued IPO shares from Poush 21 to Poush 25, 2074. The microfinance company had set aside 4% (or 6,600 unit) shares for its employees and 5% (or 8,250 unit) shares for mutual funds. Remaining 1,50,150 units were allotted to the general public.
Unnati’s paid-up capital after the IPO has now reached Rs 5.50 crore. The microfinance company has earned Rs 45.11 lakh in the first quarter of the current fiscal year 2074/75 as of its unaudited report.
Unnati Microfinance is located at Rupandehi district of Nepal with 10-district working area.
Please note: Individual Lottery results will be published in ShareSansar’s IPO Result section later today.
Out of 244,427 valid applicants, only 15,015 were allotted 10 units each and they were chosen through lottery process. Likewise, 101 staffs of the microfinance company were allotted 6,600 units and 12 mutual fund schemes were allotted 8,250 units shares.
The issue worth Rs 1.50 crore had collected more than Rs 78.64 crore. There were a total of 2,467 invalid applicant whose applications were cancelled due to double application, mistake in their Demat account number and for application made for more or less than the mentioned kitta.
Unnati Microfinance had issued IPO shares from Poush 21 to Poush 25, 2074. The microfinance company had set aside 4% (or 6,600 unit) shares for its employees and 5% (or 8,250 unit) shares for mutual funds. Remaining 1,50,150 units were allotted to the general public.
Unnati’s paid-up capital after the IPO has now reached Rs 5.50 crore. The microfinance company has earned Rs 45.11 lakh in the first quarter of the current fiscal year 2074/75 as of its unaudited report.
Unnati Microfinance is located at Rupandehi district of Nepal with 10-district working area.
Please note: Individual Lottery results will be published in ShareSansar’s IPO Result section later today.
