Wednesday, March 7, 2018

IPO Allotment of Arambha Micro Finance

Kathmandu, March 7, 2018

Arambha Micro Finance who recently closed its IPO for general public has posted its allotment result within 36 hours of its IPO closing date. This is the first IPO which was arranged by NIC Asia Capital and has revolutionized the allotment process of IPOs in Nepal.

It is said that due to C-ASBA system this was possible and the general public is overwhelmingly happy for such fast results which use to take more than a month.

Apart from the units reserved for staffs and mutual funds, 27,048 applicants were allotted 10 units each through lottery. 8,820 units were allotted to the staffs and 14,700 units were allotted to mutual funds.

Click here for IPO result

Friday, February 9, 2018

IPO Result of Unnati Micro Finance

Feb 8, 2018,

Siddhartha Capital Limited, the issue manager for the 1.65 lakh units IPO shares of Unnati Microfinance Bittiya Sanstha Limited.

Out of 244,427 valid applicants, only 15,015 were allotted 10 units each and they were chosen through lottery process. Similarly, 101 staffs of the company were allotted 6,600 units and 12 mutual fund schemes were allotted 8,250 unit shares.

Saturday, July 1, 2017

IPO Result of Chhyandi Hydro Power

Kathmandu, July 01, 2017

Chhyangdi Hydropower Company Limited has allotted its 5,40,000 units IPO shares today (Asadh 17, 2074) 

Allotment for investors who had applied up to 710 units (Rs 71,000) was decided through lottery, and were allotted 10 units on lottery basis. Other investors who had applied more than 710 units were allotted 1.25% on pro-rata basis.
The issue had collected around Rs 377 Crores (Oversubscribed by 74.13 times) till last day from both regular and ASBA applications. Applicants were required to apply for a minimum of 50 units shares (Rs 5,000) and they could apply for a maximum of 2,700 units (Rs 2,70,000). Those investors who had applied for 2700 units shares got 34 units.

Monday, May 8, 2017

FPO Result of Standard Chartered Bank

Kathmandu, May 7, 2017

A long awaited FPO of Standard Chartered Bank has been allotted by its issue Manager NMB Capital Limited today.
Standard Chartered Floated 25,58,140 units of FPO shares and among them small investors who had applied Rs 12,900 (or 10 shares) up to Rs 180,600 (or 140 shares) were decided through lottery. Other investors who had applied above 150 unit shares were allotted at 6.38% on pro-rata basis.

Investors who had applied for 30 units got 10 unit shares through lottery, whereas those who applied or 25,580 units got 1630 unit shares. Out of the total 2,17,322 valid applicants, 1,40,132 investors got the shares. There were 4,291 invalid applications.The shares set aside for retail investors (10 to 30 units) was oversubscribed by 4.06 times and those set aside for other category (above 30 units) was oversubscribed by 15.68 times.

Friday, March 3, 2017

IPO Result of Forward Community Microfinance

March 03, 2017

Forward Community Microfinance Bittiya Sanstha Limited has concluded allotment of 6 lakh units IPO shares today. 

Allotment for investors who had applied from Rs 5,000 (or 50 units) to Rs 103,000 (or 1,030 units) were decided through lottery and were allotted 10 shares each. Remaining investors who had applied from Rs 1,04,000 (1,040 units) to Rs 3,00,000 (or 3,000 units) were allotted 0.89% shares.