IPO allotment of Adhikhola Laghubitta Bittiya Sanstha concludes today, 30 Ashad 2076 at the premises of NIBL ACE Capital Limited.
As per issue manager, 3,00, 413 applicants have applied for 52.41 lakh units of shares. 579 applicants became invalid who applied for 8970 units. The issue is oversubscribed by 14 times.
As per allotment module, only 37,500 applicants are allotted with 10 units of shares through lottery. 87.5% applicants became empty handed.
Check out: IPO Result of Adhikhola Laghubitta Bittiya Sanstha
The company had issued IPO for 5,000 units for employees, 20,000 units of existing mutual funds and remaining 375,000 units for general public from 22 Ashad to 25 Ashad 2076.
NIBL Ace Capital Limited has managed the issue.
Its paid up capital will reach to Rs.10 crore.
