Kathmandu. The additional public offering (FPO) of Win Nepal Laghubitta Financial Institution has been allotted on Sunday.
The FPO of Win Nepal Laghubitta has been allotted at the office of Nepal SBI Merchant Banking. The FPO allocation program was held at 8 am.
Bin Nepal Laghubitta had opened the IPO sale from March 28 to April 15. The company issued a total of 51,292.5 units of shares at a face value of Rs 100 each.
According to Nepal SBI Merchant Banking, a total of 1,923,490 people had applied for 22,176,840 units of shares. Out of these, applications for purchase of 22,143,480 units of shares from 1,920,939 people have been approved.
This FPO has been allotted through the practice due to more applicants than the demand. Of these, only 5,129 applicants got 10 units of shares. Out of the applicants, the hands of 19 lakh 15 thousand 810 applicants have been empty.
The final results of this FPO will be announced shortly. The final result can be accessed on the securities sales manager and securities issuing company’s website and my share iporesult.cdsc.com.np of CDSC.
At present, the paid-up capital of Bin Nepal Microfinance is Rs 79.21 million. After the sale of the FPO, the paid-up capital of the company will reach Rs 84.34 million, while the share ownership of the general public will be 30 percent.
