March 03, 2017
Kathmandu
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.
Kathmandu
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.
Out of the total 124,725 valid applicants, only 38,008 got the shares. A total of 5,40,000 unit shares were allotted to the general public. Staffs were allotted 30,000 units shares and the mutual funds were allotted 30,000 units shares. 2,062 applications were considered invalid.
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