NIC Asia Laghubitta to conclude IPO alloment on Sunday. The company had floated IPO from 10 Ashad to 14 Adhad 2077.
It had floated 47,55,000 units of shares @ 100 for general public. Among total issue the company has reserved 0.5% or 74,000 and 5% or 2,37,800 units for existing mutual funds. Remaining 44,43,200 units for allocated for general public.
Total 4,14,180 applicants have applied for 2,30,65,390 units of shares till closing day of issue.
Issue manager, Sanima Capital had concluded pre allotment where 397,741 applicants are eligible to 10 units each. And lucky 46,479 applicants will get extra 10 units through lottery. 16,439 applicants became invalid.
Paid up capital will reach to Rs.1.48 arba after IPO issue.