Nepal Agro Laghubitta receives huge application to its IPO issue within two days

April 23, 2019 | Investopaper

Nepal Agro Laghubitta has also received a huge number of applications to its IPO issue worth Rs. 1.61 crore to the general public which was open from Baisakh 8, 2076. Microfinance IPO issue has always attracted a huge number of investors to apply in its IPO. The charm for the microfinance IPO has always been rocketing in recent times.

Related: How to apply IPO/FPO/Right Share through Mero Share?

Within two days of IPO issue, it has been oversubscribed by more than 20.61 times. According to the issue manager, SBI Merchant Banking, the applications has been placed for the amount of more than Rs. 31.15 crore by 1,45,200 applicants.

Only 15,120 applicants will get 10 units of shares through a lottery. The IPO issue will close on Baisakh 11,2076 i.e. tomorrow.

 

 

Investopaper

Investopaper is a financial website which provides news, articles, data, and reports related to business, finance and economics.

Leave a Reply

Your email address will not be published.

error: Content is protected !!