NADEP Laghubitta Bittiya Sanstha limited has allotted initial public offering (IPO).
Only 43,200 applicants received 10 units of shares through lottery out of total applicants 2,19,091 applicants. 474 applicants are invalid. Out of valid applicants, 80.29% or 1, 75,417 applicants became empty handed.
The microfinance company had floated 4,80,000 unit of initial public offering (IPO) share from 10 Ashad to 13 Ashad 2075.
It had allocated 5 or 24,000 units for mutual funds & 5% or 24,000 units for employees of NADEP Laghubitta & remaining 4,32,000 units for general public
Nabil Investment Banking is issue manager of IPO.
Its paid up capital is Rs.11.20crore. After IPO adjustment, paid up capital will reach to Rs.16 crore.
