NMB Capital Limited, the issue manager for the IPO of Swadeshi Laghubitta Bittiya Sanstha Limited has concluded allotment of 3 lakh units IPO shares of the microfinance company today at NMB Capital Limited, Nagpokhari, Kathmandu at 8:30 AM.
Allotment for investors who had applied from Rs 5,000 (or 50 units) to Rs 1,12,000(or 1,120 units) were decided through lottery and those who got the shares through lottery were allotted 10 shares each. Remaining investors who had applied from Rs 1,13,000 (1,130 units) to Rs 1,50,000 (or 1,500 units) were allotted 0.835% on pro-rata basis. Applicants who had applied for 1,500 units got 12 units on pro-rata basis.
Out of the total 90,816 valid applicants, only 25,030 got the shares. A total of 2,73,000 unit shares were allotted to the general public. Staffs were allotted 12,000 units shares and the mutual funds were allotted 15,000 units shares.
There were 1,206 invalid applicants.
