IPO allotment of Gurans Laghubitta concludes today; only 7.73% applicants get shares

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ipo allotment

IPO of Gurans Laghubitta Bittiya Sanstha has been allotted today, 26 Baishakh 2076 at the premises of NIBL Ace Capital.

As per issue manager, total 301,396 valid applicants have applied for 5,545,450 units of shares. 642 applicants are invalid. the issue is oversubscribed by 23.80 times.

As per allotment module,  23,363 valid applicants has been allotted with 10 units each through lottery.

Check: IPO Result of Gurans Laghubitta




The issue was open for public from 16 Baishak to 20 Baishak 2076.

The company had issued 250,000 units of share at the rate of Rs.100. It has allocated 0.5% or 3,875 units for employees, 5% or 12,500 for existing mutual fund and remaining 233,625 units for general public.

NIBL Ace Capital Limited has managed the issue.

Paid up capital will reach to Rs.7.75 crore after IPO issuance.