FPO Allotment of Swarojgar Laghubitta Concluded [FPO Result !!]
March 14, 2025 | Investopaper
FPO Allotment Of Swarojgar Laghubitta Bittiya Sanstha Limited
NMB Capital Limited, the issue manager for the Follow-on Public Offering (FPO) of Swarojgar Laghubitta Bittiya Sanstha Limited, has concluded the FPO allotment process on Friday.
After the allotment, 19,577 applicants have received 10 shares each. Among these applicants, 3 have received an additional share.
A total of 17,77,793 valid applicants had subscribed for the shares. With the allotment, more than 17.58 lakh applicants were left empty-handed.
To view the FPO result of Swarojgar Laghubitta Bittiya Sanstha Limited, click the link below:
FPO Result Of Swarojgar Laghubitta Bittiya Sanstha Limited
FPO To General Public
Swarojgar Laghubitta had issued 195,773 shares at Rs. 100 per share in the FPO from Falgun 18, 2081 BS. Hence, the total public issue amounts to Rs. 1.95 crores.
Due to over-subscription of shares, the public offering was closed on Falgun 21, 2081 BS.
Interested investors could apply for a minimum of 10 shares and maximum of 1000 shares.
For this purpose, Securities Board of Nepal (SEBON) has given the permission to the company on Magh 27, 2081 BS.
The company had already appointed NMB Capital Limited as the issue manager for the FPO. An agreement has been reached between these two companies in this regard.
As of Ashad’s end 2081 BS, Swarojgar Laghubitta has a paid-up capital of Rs 67.11 crores.
What Is FPO?
FPO (Follow-On Public Offering) is the process of issuing shares to the public by the company already listed on the stock exchange. If the company issues shares to the public for the first time, it is IPO (Initial Public Offering). FPO is any additional issue of shares by the company after IPO.
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