IPO allotment of Manushi Laghubitta: Three lucky investors get 11 units each

KATHMANDU, Aug 23: Primary shares issued by Manushi Laghubitta Bittiya Sanstha Limited were allotted on Monday. 

The company had issued the Initial Public Offering (IPO) from Aug 11 to 15. As many as 3,93,750 units of primary shares were issued. Of the shares issued, 5,469 units were allotted for the employees of the company while 19,688 units were set aside for the mutual funds. The remaining 3,68,593 units were offered for the general public.

As many as 2,354,784 valid applications were received for a total of 29,574,750 units of primary shares. The applications of 7,043 investors were declared invalid. 

During the allotment through a lucky draw system,  a total of 36,856 applicants got 10 units each  while three lucky applicants got 11 units each.

One can  check the allotment result on the website of its issue manager, SBI Mechant, Meroshare account, the website of Manushi Laghubitta and the web portal of CDS and Clearing Limited.