Samaj Laghubitta IPO Result | Samaj Laghubitta IPO allotment | Merolagani IPO Result | Sharesansar IPO Result | Bizpati IPO result | Nepali Paisa IPO Result
The IPO of Samaj Microfinance Financial Institution will be distributed by Monday. According to sales manager Siddhartha Capital, the earliest Sunday will be Monday if not possible. Capital says final approval from the Securities and Exchange Board is yet to come. A total of Rs 1.19 billion has been applied for the IPO of the society. Of which, 563,998 people have applied for 119,62,700 lots. This is 148.23 times more applications based on the 80,700 lots opened for sale to the public. Therefore, as there are more applications than demand in the IPO of the society, it will be difficult to get shares. Shares will be distributed through round robin. The society has brought 86,000 IPOs worth Rs 8.6 million for sale from August 19. Out of this, 1000 lots i.e. 55 percent of the issued capital was allotted for the employees and 55 lots i.e. 4,300 lots of the total issue was allotted for the collective investment fund. The general public could apply for the remaining 80,700 lots. T...