Nepal Agro Laghubitta IPO Allotment Result - Only 4.8% Applicants Allotted 10 Share Units !

IPO ALLOTMENT:

Nepal Agro Laghubitta Bittiya Sanstha Ltd (NALBSL) has successfully concluded its initial public offering (IPO) on Tuesday morning after 09:00 AM today, 30th April 2019 (17th Baishakh 2076) in the premises of Nepal SBI Merchant Banking Ltd., its issue manager. The microfinance company had floated 161,778 unit ordinary shares worth Rs 16.18 million (Rs 1.618 crores) at a face value of Rs 100 each to the general public, for four working days, starting from Sunday 21th April 2019 (8th Baishakh 2076) to Wednesday 24th April 2019 (11th Baishakh 2076) just a week ago last month.

The issue had received 315,630 applications for 6,402,330 unit shares with an overwhelming 42.24 times oversubscription, of which 705 applications for 14,200 unit shares were invalid due to errors and of the remaining 314,925 valid applications for 6,388,925 unit shares, only 15,120 (4.8%) lucky ones were allotted 10 unit shares each by lottery on pro rata basis, thus leaving a larger of 299,805 (95.2%) applications empty handed.

Check the DETAILS HERE:

Sparsha Laghubitta IPO Allotment Result - Only 8.23% Applicants Allotted 10 Share Units !

IPO ALLOTMENT:

Sparsha Laghubitta Bittiya Sanstha Ltd. (SPARSHA) has successfully concluded its initial public offering (IPO) on Sunday morning at 10:00 AM today, 24th March 2019 (10th Chaitra 2075) in the premises of Sanima Capital Ltd., its issue manager. The microfinance company had floated 269,630 unit ordinary shares worth Rs 26.963 million (Rs 2.6963 crores) at a face value of Rs 100 each to the general public, for four working days, starting from Sunday 10th March 2019 (26th Falgun 2075) to Wednesday 13th March 2019 (29th Falgun 2075) two weeks ago.

The issue had received 298,938 applications for 8,138,440 unit shares with an overwhelming 30.2 times oversubscription, of which 585 applications for 15,500 unit shares were invalid due to errors and of the remaining 298,353 valid applications for 8,122,940 unit shares, only 25,200 (8.45%) lucky ones were allotted 10 unit shares each by lottery on pro rata basis, thus leaving a larger of 273,153 (91.55%) applications empty handed.

Check the DETAILS HERE:

Mountain Hydro IPO Allotment Result - 47% Applicants Allotted Upto 40 Share Units !

IPO ALLOTMENT:

Mountain Hydro Nepal Ltd. (MHNL) has successfully concluded its initial public offering (IPO) on Sunday morning at 10:00 AM today, 17th March 2019 (3rd Chaitra 2075) in the head office at Naxal, Kathmandu. The company had floated 1,816,110 unit shares (including 566, 110 unit shares unsubscribed by the locals) worth Rs 181.611 million (Rs 18.1611 lakhs) at a face value of Rs 100 each to the general public, for four working days, starting from Thursday 7th March 2019 (23rd Falgun 2075) to Tuesday 12th March 2019 (28th Falgun 2075) just over a week ago.

According to Siddhartha Capital Ltd., its issue manager, the issue had received 50,954 applications for 3,394,810 unit shares with 1.92 times oversubscription, of which 16 applications for 1,540 unit shares were invalid due to errors and of the remaining 50,938 valid applicants, 26,973 applications (52.95%) were allotted 30 unit shares each and the other 9,58,600 applications were allotted 40 unit shares each on pro rata basis so that 23,965 (47.05%) of these applications have been lucky enough to be allotted with an additional 10 unit through the lottery system, thus leaving none empty handed.

Check the DETAILS HERE:

Panchthar Power IPO Allotment Result - All Allotted as per Demand upto 30 Unit Shares !

IPO ALLOTMENT:

Panchthar Power Company Ltd. (PPCL) has successfully concluded its initial public offer (IPO) on Thursday afternoon 3:30 PM onwards today, 7th March 2019 (23rd Falgun 2075). The company had floated its IPO issue of 1,750,250 unit shares each at a face value of Rs 100 to the general public, for four working days, starting from Monday 25th February 2019 (13th Falgun 2075) to Thursday 1st March 2019 (17th Falgun 2075) just last week.

According to Sanima Capital Ltd., its issue manager, there were 82,741 applications applying for a total of 3,381,860 unit shares with 1.93 oversubscription, of which 33,565 applying for 10 unit shares have each been allotted full as demand and 11,482 applying for 20 unit shares have also been allotted full as demand, but 37,627 applying for minimum 30 unit shares to maximum 9,620 unit shares have each been allotted 20 unit shares on pro rata basis and each 33,531 of these have been lucky enough to be allotted with an additional 10 unit shares of the remaining 335,310 unit shares through the lottery system, thus leaving none empty handed.

Check the DETAILS HERE:

Shivam Cement IPO Allotment Result - All Valid Applicants Allotted as per Demand Upto 5.220 Unit Shares!

IPO ALLOTMENT:

Shivam Cements Limited (SCL) has successfully concluded its initial public offer (IPO) on Wednesday morning 10:30 AM onwards today, 6th March 2019 (22nd Falgun 2075). The company had floated 2% shares of the its issue capital, that is, 8,80,000 unit shares at a face value of Rs 200 per unit share to the project affected locals and 10%, that is, 44,00,000 unit shares at a face value of Rs 300 per unit shares to the general public, initially for four working days, starting from Monday 18th February 2019 (6th Falgun 2075) to Thursday 21st February 2018 (9th Falgun 2075), and due to undersubscription then extended for additional four working days till 26th February 2019 (14th Falgun 2075) for full subscription just last week.

According to Siddhartha Capital Ltd., its issue manager, there were 51,898 applications from the general public for 5,191,160 unit shares, collecting a total of Rs 1.56 billion with  1.26 oversubscription, while there were 1,898 applications from the local public for 489,900 unit shares with only 89% subscription, leaving 98,334 unit shares that will also be allotted to the general public for its oversubscription. Of the total 1898 local applications for 785,405 unit shares, only 1 application for 100 unit shares was rejected due to error and the remaining 785,305 valid applications were included in the allotment process of which applicants for 50 to 1,300 unit shares were allotted in full as per their demand, while applicants for 1,500 to 10,000 unit shares were allotted 1,350 unit shares each on pro rata basis, thus leaving none empty handed.

Check the DETAILS HERE:

Universal Power IPO Allotment Result - Check HERE How Much You Are Allotted !

IPO ALLOTMENT:

Universal Power Company Limited (UPCL) has successfully concluded its initial public offer (IPO) on Wednesday morning at 10 AM today, 27th February 2019 (15th Falgun 2075). The company had floated its total IPO issues of 93,27,410 unit shares worth of Rs 932 million at the face value of Rs 100 per unit share to the general public initially for four working days, starting from Friday 8th February 2019 (25th Magh 2075) to Tuesday 12th February 2018 (29th Magh 2075) and since due to under subscription later extended for an additional 7 working days upto until full subscription by Wednesday 20th February 2019 (8th Falgun 2075) just last week.

According to Siddhartha Capital Ltd., its issue manager, the IPO was closed after its full subscription by about 1.06 times, attracting 105,159 applications from the public. Of the total applications, 40 applications for 3,160 unit shares were rejected due to errors and the remaining 105,119 valid applications were included in the allotment process of which applicants for 50 to 1,300 unit shares were allotted in full as per their demand, while applicants for 1,500 to 10,000 unit shares were allotted 1,350 unit shares each on pro rata basis, thus leaving none empty handed.

Check the DETAILS HERE:

Asha Laghubitta IPO Allotment Result - Check HERE if You're Lucky have Allotted 10 Units !

IPO ALLOTMENT:

Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has successfully concluded its initial public offer (IPO) on Friday afternoon, 8th February 2019 (26th Magh 2075). The company had floated its IPO issues of 0.674 million unit shares worth of Rs 67.4 million at the face value of Rs 100 per unit share to the general public for four working days, starting from Friday 1st February 2019 (18th Magh 2075) lasting till Tuesday 5th February 2018 (22nd Magh 2075) just early this week.

According to Prabhu Capital Ltd., its issue manager, the IPO has been oversubscribed by about 18.39 times with an overwhelming public response, attracting over 309,782 applications worth Rs 1.58 billions (Rs 1.58 arabs) demanding over 11.58 million unit shares till the final day of the issue. Of the total applications, 677 applications for 32,900 unit shares were rejected due to errors and the remaining 309,105 valid applications were included in the allotment process of which only 62,993 (20.38%) lucky applicants are allocated the mandatory 10 unit shares through the lottery system, leaving the a larger number of remaining 2,46,122 (79.62%) applicants empty handed.

Check the DETAILS HERE:

Published Notice for IPO, FPO, Right, Auction, Mutual Funds, etc !

NOTICE:

• Right Share Auction

Check the link below to read/download the RIGHT SHARE AUCTION NOTICE of Swarojgar Laghunitta Bittiya Sanstha Ltd. (SLBBL):

DOWNLOAD LINK

• Initial Public Offering (IPO)

Check the link below to read/download the IPO ALLOTMENT NOTICE of NADEP Laghunitta Bittiya Sanstha Ltd.:

DOWNLOAD LINK

Check the link below to read/download the IPO ISSUE OPEN NOTICE of NADEP Laghunitta Bittiya Sanstha Ltd.:

DOWNLOAD LINK

• Further Public Offering (FPO)

Check the link below to read/download the FPO ISSUE OPEN NOTICE of Nepal Bank Ltd.:

DOWNLOAD LINK

• Right Share

Check the link below to read/download the RIGHT SHARE ISSUE OPEN NOTICE of Everest Insurance Company Ltd.:

DOWNLOAD LINK

Check the link below to read/download the RIGHT SHARE ISSUE OPEN NOTICE of Nagbeli Laghubitta Bittiya Sanstha Ltd.:

DOWNLOAD LINK

Check the link below to read/download the RIGHT SHARE ISSUE OPEN NOTICE of Naya Nepal Laghubitta Bittiya Sanstha Ltd.:

DOWNLOAD LINK

Check the link below to read/download the RIGHT SHARE ISSUE CLOSE NOTICE of Prabhu Insurance Ltd.:

DOWNLOAD LINK

Check the link below to read/download the RIGHT SHARE ISSUE DEADLINE NOTICE of Prabhu Insurance Ltd.:

DOWNLOAD LINK

• Mutual Fund

Check here for Details »

Bearish Market Effect on Mutual Funds NAV !

MUTUAL FUNDS

The financial reports of the mutual funds operating in the market are also been affected by the bearish trend in the country's sole stock market. Out of the 12 mutual funds operating in the market till mid-March, Net Asset Value (NAV) of 5 mutual fund schemes has declined below Rs 10 while NAV of 7 mutual funds is above Rs 10.

Based on the market price of March 28, the market prices of 7 mutual funds have decreased below the issued price of Rs 10. The market price of only 5 mutual funds is above Rs 10.

Read MORE »