Unnati Microfinance Bittiya Sanstha Ltd has conducted IPO (initial public offering) allotment. As per the Siddhartha capital limited, issue manager of IPO has made allotment of 165,000 units of shares.
Out of valid candidate of 244,427, only 15,015 applicants are allotted 10 units of share through lottery.
4% or 6600 units for share are allotted for employees & 5% or 8250 units of shares are allotted for existing mutual funds.
IPO was apply by 246,894 applicants out of which 2437 were invalid due to mistake in DEMAT number, Double application, some not match criteria.
Unnati Microfiance had issued IPO at the rate of Rs.100 from Poush 21 to Poush 25 2074.
Currently, Unnati Microfinance has a paid-up capital of Rs 38.5 million that will reach Rs 55 million after the IPO.
