May 20, 2019 | Investopaper
Janasewi Laghubitta issued 4,63,300 shares worth Rs. 4.63 crores as the IPO. The general public applied 4,32,990 units shares which means lucky 43,299 applicants will get 10 units each through lottery.
The issue which opened on Baisakh 27,2076 closed on Baisakh 31,2076 after getting oversubscribed by more than 14 times.
The issue manager of the IPO issue, NMB Capital, has informed that the allotment will be done on Jestha 6,2076 i.e. today at 3 PM. The IPO was oversubscribed by more than 14 times. Only 13 percent will get the shares out of total applicants.
Today Nepse has suspended the trading of Kalika Laghubitta after it has signed an agreement to merge with Janasewi Laghubitta.
Please stay updated to our site to see the result.