Kathmandu, Feb 23
Community Development Bank Ltd. has allotted 300000 units of ordinary share on 21 Feb, 2014 (9 Falgun,2070)
The IPO was alloted Flatly at 23%.
The IPO was oversubscribed by 5.45 times for the retail investors and 3.60 times for other investors, according to the issue manager Growmore Merchant Banker.
Altogether 117,600 retail investors and 176,400 other investors had applied for the IPO.
The development bank based in Butwal, had floated 300,000 units of ordinary shares at Rs 100 face value, has also informed that distribution of the advice slip and refund to the non-allottees will start from February 26.
Of the total primary shares being floated, 6,000 units had been earmarked for its staff.
Nepal Community Development Bank had posted a net loss of Rs. 22.3 lakhs during the third quarter of the last fiscal year 2068/69.
Its Net Worth Per Share stands at Rs 91 and EPS at 0.80 percent.
Click here for allotment Result
Community Development Bank Ltd. has allotted 300000 units of ordinary share on 21 Feb, 2014 (9 Falgun,2070)
The IPO was alloted Flatly at 23%.
The IPO was oversubscribed by 5.45 times for the retail investors and 3.60 times for other investors, according to the issue manager Growmore Merchant Banker.
Altogether 117,600 retail investors and 176,400 other investors had applied for the IPO.
The development bank based in Butwal, had floated 300,000 units of ordinary shares at Rs 100 face value, has also informed that distribution of the advice slip and refund to the non-allottees will start from February 26.
Of the total primary shares being floated, 6,000 units had been earmarked for its staff.
Its Net Worth Per Share stands at Rs 91 and EPS at 0.80 percent.
Click here for allotment Result
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