National Microfinance Bittiya Sanstha Limited has allotted its IPO today.
Allotment for investors who had applied from Rs 5,000 or 50 units to Rs 4,80,000 or 4,800 units shares was decided through lottery and investors who had applied for Rs 4,81,000 or 4,810 units to Rs 10,00,000 or 10,000 units will get 0.20% flat.
Of the total 2,73,000 unit shares set aside for general public. 40% or 109,200 units shares, were put aside for retail investors and 60% or 163,000 units shares, under “other investor” category. Retail investors applied for a total of 23,507,610 unit shares and those in the others category applied for 82,863,930 units shares.
Ngadi Power Group Limited has published its allotment for its IPO investors. For investors who had applied from Rs 5,000 or 50 units to Rs 80,000 or 800 units shares was decided through lottery and investors who had applied for Rs 81,000 or 810 units to Rs 90,000 or 900 units get 10 units and remaining investors who applied for Rs 92,000 or 920 units to Rs 50,00,000 or 50,000 units were allotted 1.16 % on pro-rata basis.
Ngadi Power Group had floated its Initial Public Offering (IPO) worth Rs 9.73 crore (9, 73,737 lakh units shares) from Chaitra 21, 2072 till Chaitra 25, 2072. The IPO was oversubscribed by 85.72 times till last day.
NIB FPO is going to allot its 90.69 lakhs unit shares within 2072. Big investors likely to get 8.5% whereas small investors is hoped to get approximately 30% of the total investment. However, percentage may change a bit with the final output of the allotment data.
Investors applying upto Rs 50,000 per application form are classified as small investors and those applying above 50,000 are considered big investors.
NIB Bank Limited is likely to refund excess money collected from investors after 5 days of the allotment of the shares.
Hydroelectricity Investment & Development Company Limited (HIDCL) has concluded its IPO allotment.
Investors who had applied from Rs 9,000 or 90 units to Rs 50,000 or 500 units were allotted on an average of 11.4 % of the applied shares. The big investors who had applied above Rs 50,000 were allocated 2.9% of the applied shares.
API Power Company Limited has concluded its IPO allotment today by its issue manager NIB Capital Limited. Allotment for investors who had applied from Rs 5000 or 50 units to Rs 290,00 or 290 units shares was decided through lottery and remaining investors who had applied for Rs.30,000 or 300 units to Rs 50,000 or 500 units were allotted 3.2 % to 3.3 % on pro-rata basis. And the other investors applied for Rs 51,000 or 510 units to Rs 1,00,000 or 1, 000 units were allotted 2.5% to 2.6% on pro rata basis. 8.5 MW API Power Company Limited had floated IPO of 30,00,000 unit shares of Rs 100 face value each from Ashad 24, 2072. The offer closed on Ashad 28, 2072.