Allotment of citizen bank’s FPO concludes today, Friday in the premises of issue manager, Global IME Capital, Kathmandu.
46,376 applicants will be allotted with 10 units & 6 applicants allots 11 units of shares through lottery. FPO was applied by 62,782 applicants out of which 73 applicants are invalid. 16400 applicants became empty handed. FPO are allotted for 62,709 valid applicants through lottery.
Citizen bank had issued FPO shares from 15 Shrawan 18 Shrawan 2075. The bank had 4,63,823 units share as further public offering (FPO) at the rate of Rs. 200 adding Rs. 100 premium on par.
After FPO issuance paid up capital & reserve will be increased by Rs.4.63 crore. Capital structure will be 51:49 between promoter & public.
Currently its paid up capital is Rs.8.03 arba. After the FPO issue, paid up capital will reach to Rs.9.07 arba.
Also see Last Quarter of Citizen Bank, earned net profit of Rs.1.40 arba in FY 2074/75
