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
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
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