IPO allotment of Manushi microfinance, 23 lakh 24 thousand people empty handed

Aug Mon 2021 01:06:06

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IPO allotment of  Manushi microfinance,  23 lakh 24 thousand people empty handed

Kathmandu. The IPO of Manushi Microfinance Financial Institution Limited has been allotted on Monday morning. In the morning distribution at the office of the sales manager Nepal SBI Merchant Bank, those who get more have received up to 11 shares.

The IPO result can be accessed by iporesult.cdsc.com.np and http://meroshare.cdsc.com.np.

Of the 2,361,827 applications received for the company's IPO, 7,043 applications have been rejected. Of the 2,354,784 eligible applicants, 36,859 have received shares at the rate of ten lots in the first phase through a round of distribution. The remaining 3 lots of shares have been distributed in this way and out of these eligible applicants, three people have got a total of 11 lots of shares at the rate of one more lot.

The company had sold its IPO to the public from July 12 to July 13. A total of 393,750 IPO lots have been distributed to the public. Out of the total shares, 5,469 shares have been reserved for employees and 19,688 shares for collective investment funds and 368,593 shares have been sold to the public through public issue.

Currently, the company's paid-up capital is Rs. 70 million. After the IPO, this capital will be Rs. 109.3 million 75 thousand has been reached. By FY 2076/77, the actual net worth of the company was Rs. 132.69. On this basis, for the first transaction of the company, Rs. 132.69 to Rs. It seems to get a price range of 398.07.