Kathmandu, December 27:
Matribhumi Bikas Bank Limited has been finally allotted flatly at 19.33 percent.
As the IPO was oversubscribed by five times, those who applied up to 40 units have been placed under the lottery.
There were 2,047 applicants, mostly from the locals of Sindhuli where the bank is based, according to the issue manager Civil Capital Markets. And there were 245 applications from big and institutional investors for 1.54 lakh unit equity shares.
Now the primary shares will be listed for trading at NEPSE within two weeks, according to
Matribhumi Bikas Bank Limited has been finally allotted flatly at 19.33 percent.
As the IPO was oversubscribed by five times, those who applied up to 40 units have been placed under the lottery.
There were 2,047 applicants, mostly from the locals of Sindhuli where the bank is based, according to the issue manager Civil Capital Markets. And there were 245 applications from big and institutional investors for 1.54 lakh unit equity shares.
Now the primary shares will be listed for trading at NEPSE within two weeks, according to
