IPO Allotment of Aatmanirbhar Laghubitta Bittiya Sanstha Concludes

ByParas KC

Kathmandu: On March 12th, Sunday, the IPO allotment of Aatmanirbhar Laghubitta Bittiya Sanstha Limited is concluded today at the office of Sunrise Capital Limited, Kamalpokhari, Kathmandu.

Laghubitta had issued 1 lakh 69 thousand 765 ordinary shares for the general public from Falgun 11th to 15th with a face value of Rs 100 per share. A total of 15 lakh 38 thousand 466 people applied for that share. Out of which 15 lakh 36 thousand 263 applications have been accepted and 2 thousand 203 applications have been cancelled.

Due to more applications than the demand, according to the Securities Issuance and Allotment Guidelines, the Laghubitta’s IPO has been allotted at a minimum rate of 10 shares via lottery. According to which, 16 thousand 976 people have received the Laghubitta shares at the rate of 10 shares. Out of which, 5 lucky people have received a total of 11 shares including 1 additional share of Laghubitta.

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