L S Capital completes share allotment for Mahuli Microfinance
Among the applicants who duly applied for the shares, 47,544 individuals were allocated 10 shares each.
KATHMANDU: Laxmi Sunrise Capital Limited, acting as the issue and sales manager, has successfully completed the allotment of shares for the Mahuli Microfinance Financial Institution Limited.
A total of 475,449.15 shares, each with a face value of Rs 100, were issued via Further Public Offering (FPO) to the general public from December 20 to 24.
Among the applicants who duly applied for the shares, 47,544 individuals were allocated 10 shares each.
For the remaining 9.15 shares, a further allotment was made among 4,820 applicants who had applied for 20 to 1,000 shares.
Out of these, 9 applicants received an additional 1 share each, and 1 applicant received an additional 0.15 shares.
In total, 475,449.15 ordinary shares were allocated on Jan 3as per the Securities Issuance and Allotment Guidelines, 2074.
