Malila Microfinance IPO Allotment on Friday

Feb Tue 2021 08:18:49

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Malila Microfinance IPO Allotment on Friday

Kathmandu. The IPO of Mahila Microfinance Financial Institution Limited is being prepared for distribution on Friday. Sales Manager Nepal SBI Merchant Banking Limited has informed that it is making pre-allotment on Wednesday and distribution till Friday. The sales manager said that the pre-allotment could be done by Wednesday evening as the data verification work is underway.

1.58 million 781 people have applied for the IPO of this company. On the last day, till 5 pm on Wednesday, March 19, applications have been received from these applicants for 24.6 million 66 thousand 170 lots. Which is 65.77 times more than the demand. Applications for the company's IPO have been high so far. Earlier, more than 1.529 million applications were received for the IPO of Nepal Infrastructure Bank.