Sparsha Laghubitta IPO closing today
March 13, 2019 | Investopaper
The Initial Public Offering (IPO)of Sparsha Laghubitta is closing today (Falgun 29, 2075) after the banking hours. Interested investors can still apply for the shares until the close of the banks today. The IPO was open to the general public from Falgun 26.
Related: How to apply IPO/FPO/Right Share through Mero Share?
Sparsha Laghubitta is issuing 2,63,630 shares as the IPO. Out of it, 4,148 shares are reserved for the employees. Also, 5% or 13,482 shares are allotted to the mutual funds. The remaining 2,52,000 shares are issued to the general public.
Sanima Capital is the issue manager for IPO.
Interested applicants can apply for a minimum of 10 shares for Rs. 1,000. The maximum shares that can be applied are 1,340 units.
As of second quarter F.Y. 2075/76, the share capital is Rs. 5.60 crores and reserves remain at Rs. 8.35 lakhs. The net profit is Rs. 6.21 lakhs till Poush end of 2075.