Kathmandu, April 22
Upakar Laghubitta Bittiya Sanstha has allotted a recently issued initial public offering (IPO) today April 22 in the premises of issue manager, SBI Merchant Banking.
The company had issued 236,250 units of primary shares worth Rs 23.6 million for the general public from April 8. In the issue, a total of 2,351,462 applicants applied for 26,257,650 units of shares. Out of the total applied units, 2,406 applications were canceled.
Out of approved 2,349,056 applications, 22,115 applicants were provided 10 units of shares through lottery. The remaining 2,326,941 applicants remained empty hand in the allotment.
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