Rashtra Utthan Laghubitta IPO Result to be published Today at 3 PM

 

 Rashtra Utthan Laghubitta IPO Result to be published Today

About IPO Result allotment of Rastra Utthan Laghubitta Bittiya Sanstha Limited:

The distribution of ordinary shares (IPO) issued by Rastra Utthan Laghubitta to the public will allotment today at 3:00 pm ie; 12 Falgun, 2078.

 

NIC Ace Capital Limited, the sales manager of the company's share issue, has informed that the IPO, which was opened from February 16 to 20, is scheduled to be distributed today afternoon at 3:00 pm.

 


As there are more applications than demand for the shares of the company, the shares will be distributed through round robin as per the Securities Issuance and Distribution Directive.  Accordingly, out of the eligible applicants, only 51 thousand 670 people will get shares at the rate of minimum 10 lots.

The company had issued 850,000 units IPO worth Rs 85,000,000.  Out of the total issued shares, 5 percent or 42,500 unit shares have been allotted to the collective investment fund and 0.5 percent or 13,000 shares to the employees of the company. And remain 794,500 shares was to the public.

 

Besides, the general public has applied for 794,500 shares.  The company's IPO received 38.30 times more, or 26,26,090 applications for 30,431,370 shares.

 

79,450 applicants will get shares at the ratio of 10 units through round robin. Looking at the data, it seems that only 1 in 60 applicants have the probability of being allotted 10 units.

 

Tip: Make sure that enough balance is in your C-ASBA Bank account before apply IPO. Some bank take charges per share application. Know C-ASBA charge of banks

 

How to check Rashtra Utthan Laghubitta IPO allotment result?

There are few resources to check IPO result which are as given below link description:

 

  1. CDSC IPO Result Click to get result
  2. Company website Click to get result
  3. Issue manager website Click to get result

 

Tip: You can see IPO result of Emerging Nepal Limited from MeroShare too but will take half and a day Click Here

 

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