Kathmandu,
May 10, 2015
IPO allotment of Mirmire Micro Finance Development Bank has concluded today.
Given the high number of applicants, allotment was made through lottery system, therefore all investors were eligible for a minimum of 10 shares.
Of the total 55,800 shares set aside for public, 40%, or 22,320 shares, were put aside for retail investors and 60%, or 33480 shares, under “other investor” category.
The shares set aside for retail investors was oversubscribed 378.78 times and those set aside under other category were oversubscribed 185.52 times.
Click here for IPO result
May 10, 2015
IPO allotment of Mirmire Micro Finance Development Bank has concluded today.
Given the high number of applicants, allotment was made through lottery system, therefore all investors were eligible for a minimum of 10 shares.
Of the total 55,800 shares set aside for public, 40%, or 22,320 shares, were put aside for retail investors and 60%, or 33480 shares, under “other investor” category.
The shares set aside for retail investors was oversubscribed 378.78 times and those set aside under other category were oversubscribed 185.52 times.
Click here for IPO result
