Kathmandu, July 13
NMB Capital has allotted the IPO of Ekata Bikas Bank Today.
According to the the official, the IPO has been allotted at 6.5334 percent, for those who had applied between 50 and 140 units of the primary shares were placed under lottery.
The IPO worth Rs 8 crore floated by the development bank on June 4 was oversubscribed by 15.306 percent by the time the issue closed on June 9.
Among the total 8 lakh issued units, 24,000 units had been set aside for the bank staff, another 40,000 for the mutual funds and the remaining units were floated for the general public.
Click here for IPO Result of Ekata Bikas Bank
The development bank is in operation from May 15, 2011. The bank has collected Rs 1.13 arba worth of deposits and granted a total of Rs 95 crore loans and advances. The customer base of the bank has reached to 16 thousands.
Currently it has two branches and nine service centers. The scope of operation is spread over three districts: Dang, Rupundehi and Kapilvastu.
As per the third quarter financial report of FY 2070/71, the bank has earned Rs 1.24 crore as compared to Rs 0.65 crore of the corresponding last fiscal year.
NMB Capital has allotted the IPO of Ekata Bikas Bank Today.
According to the the official, the IPO has been allotted at 6.5334 percent, for those who had applied between 50 and 140 units of the primary shares were placed under lottery.
The IPO worth Rs 8 crore floated by the development bank on June 4 was oversubscribed by 15.306 percent by the time the issue closed on June 9.
Among the total 8 lakh issued units, 24,000 units had been set aside for the bank staff, another 40,000 for the mutual funds and the remaining units were floated for the general public.
Click here for IPO Result of Ekata Bikas Bank
Currently it has two branches and nine service centers. The scope of operation is spread over three districts: Dang, Rupundehi and Kapilvastu.
As per the third quarter financial report of FY 2070/71, the bank has earned Rs 1.24 crore as compared to Rs 0.65 crore of the corresponding last fiscal year.
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