Kathmandu. The IPO of Swastik Laghubitta Financial Institution has been allotted today.
The IPO of Swastik Laghubitta has been allotted at nabil investment banking’s office as the securities sales manager. The IPO allotment program was scheduled at 9:30 am today.
The company was to sell 195,195 units of shares to the general public from August 29 to August 30. A total of 2,440,460 applicants had sought 27,464,570 units of shares in the IPO.
Out of the total demand, 27,418,540 units from 2,436,393 applicants were approved while 46,030 units from 2,300 applicants were rejected.
This IPO has also been distributed through gola system due to more applications than the demand. A total of 19,519 lucky people got 10 units of shares. Out of these applicants, five have got an additional one unit each. Out of the total applicants, 2,416,874 applicants have their hands vacated.
The final result of this IPO will be announced shortly. The ipo final result can be viewed by visiting the website of the securities issuing company and securities sales manager company as well as my share and iporesult.cdsc.com.np of CDSC.
