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Mahila Laghubitta Bittiya Sanstha Limited IPO Result Published

News 25 Feb 2021 235773 0

Mahila Laghubitta Bittiya Sanstha Limited IPO Result Published

Mahila Laghubitta Bittiya Sanstha Limited IPO Result Published:

The IPO sold by Mahila Laghubitta Bittiya Sanstha Limited to the public and distributed on Friday, February 26. According to sales manager Nepal SBI Merchant Banking, the IPO distributed at 8 am on Friday.

Mahila Laghubitta Bittiya Sanstha Limited Allotment Model: In compliance with Securities Issuance and Allotment Directives, 2074

The Issuing Company

Mahila Laghubitta Bittiya Sanstha Limited

Issue Manager

Nepal SBI Merchant Banking Ltd.

Security Type

Common Stock -IPO

Date of Approval From SEBON

2077-10-08

Per Unit Share Price

100

Total Number of Securities Allotted to MF Schemes

20,000

Allotted Amount to MF Schemes

2,000,000

Total Number of Securities Issued for Public with Staffs

380,000

Public Issue Amount, NPR (with staff)

38,000,000

Issue Open Date (Public)

2077-10-30

Issue Closure Dale

2077-11-05

Proposed Allotment Date

2077-11-14

Total Applicants

1,540,035

Total Applied Kitta

23,747,590

Total Invalid Applicants

3,353

Total Invalid Kitta Applied

54,960

Total Valid Applicants

1,536,682

Total Valid Kitta Applied

23,692,630

Minimum Kitta To Apply

10

Maximum Kitta To Apply

1,000

Minimum Allotted Kitta

10

Total Allottee

37,500

Total Allotted Kitta

375,000

Total Applicants from Staffs

153

Total Applied Kitta from Staffs

5,000

Summary:

START KITTA 10
END KITTA 1000
NO OF APPLICATION 1536862
TOTAL APPLIED KITTA 23692630
KITTA TO BE ALLOTED 10
NO OF ALLOTEE 37500
ALLOTED KITTA 375000

Mahila Laghubitta's IPO has received applications for 24.6 million 46 thousand 170 shares or 2 billion 466 million 17 thousand rupees. That is 65.72 times more than the 375,000 applications issued to the public. As there were more applications than the demand, only 37,500 people will get shares at the rate of a minimum of 10 Shares as per the Securities Issuance and Distribution Directive.

Mahila Laghubitta had issued 400,000 ordinary shares at a face value of Rs 100 per share, equivalent to 40 percent of the issued capital of Rs 100 million.

As there were more applications than the demand, the shares have been distributed at the rate of at least 10 Kitta through the round of circulation as per the Securities Issuance and Distribution Directive.

How to Check IPO Result of Mahila Laghubitta:

Now you can check the IPO result of Mihila Laghubitta from MeroShare (www.iporesult.cdsc.com.np), or, IPO Sales Manager company's website or from the official website of Mahila Laghubitta (www.mlbsl.com.np)

Note: The IPO result published, you can check your IPO result from MeroShare or the other two options.

Click Here to Check IPO Result

(You will see this type of interface to your device and you have to fill up your BOID Number and then Click on view Result Tab.)

Also read:

Jyoti Life Insurance IPO from Falgun 23 (66 Lakh Shares)

Three Ways to Check IPO Result in Nepal

IPO Result IPO
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