IPO Results or Allotment of BPW Laghubitta is Out Now!!
IPO Results of BPW Laghubitta Bittiya Sanstha Limited are Concluded on Friday or, 3 Chaitra of 2079.
On Friday, or on the third Chaitra of 2079, is the BPW Laghubitta Bittiya Sanstha’s IPO allotment date.
At 11 AM, the Mega Capital Markets, Kamalpokhari issue management will host an allotment program on its property.
The issue was started on the 18th Falgun to 23rd Falgun 2079. The business sold 80,950 units of shares with a face value of Rs 100 to the general public as part of an IPO.
Out of the total 97,000 units, 10%, or 9,700 units, were reserved for Nepalese citizens who were working abroad.
Short Details About the IPO Results or Allotment of BPW Laghubitta
| BPW Laghubitta Bittiya Sanstha Ltd | |
| Face Value | Rs. 100 |
| Number of Shares | 97,000 Units of Share |
| For Mutual fund | 4,850 Units of Share |
| For Company’s Employees | 1,500 Units of Share |
| For Nepalese People Working Abroad | 9,700 Units of Share |
| For General Public | 80,950 Units of Share |
| Issue Manager | Mega Capital Markets |
| Number of Applicants | 14,58,278 |
| Allot for | 8,095 |
| Empty Hand | 8,095 Applicants Each get 10 units |
| Issue Date | 3rd Chaitra 2079 |
Applications for 1,57,16,760 units totaling 14,58,278 legitimate applicants’ applications were submitted for the issue. There was 194.15 times Oversubscribe.
According to the allocation module, a total of 8,095 applicants received a random allocation of 10 units each, while the remainder 14,50,183 applicants had their applications returned unanswered.
Applicant Can check their results from Meroshare and also know latest update of Upcoming IPO of Nepal.
Additionally, 1.5% of the total offered shares, or 1,500 units, were reserved for the company’s employees.
Finally, 5% of the total offered shares, or 4,850 units, were reserve for mutual funds. 80,950 of the remaining apartments were sold to the general public.
Care Rating
BPW Laghubitta Bittiya Sanstha Limited has been given an issuer rating by ICRA Nepal of [ICRANP-IR] BB- (pronounced ICRA NP Issuer Rating Double B minus).
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