Upakar Laghubitta IPO Distribution

KATHMANDU: APRIL. 22 – The IPO of Upakar Laghubitta Bittiya Sanstha has been allotted. The IPO of laghubitta has been distributed in the office of Nepal SBI Merchant Banking Limited, the sales manager of microfinance.

A total of 262,57,650 lots were applied out of a total of 2,351,462 applications in the IPO, which was launched by microfinance from April 8 to 13. Out of which 2 thousand 406 applications have been rejected and 23 lakh 49 thousand 56 applications have been approved.

Out of the approved applications, 22 thousand 115 applicants have been allotted shares at the rate of 10 lots. Out of them, 6 lucky ones have got 1 more lot. The remaining 23 lakh 26 thousand 941 applicants are left empty-handed.