Mahuli Laghubitta's FPO allotment concludes

KATHMANDU:The allotment of ordinary shares under the Follow-on Public Offering (FPO)  of Mahuli Laghubitta Bittiya Sanstha Limited has been completed. Laxmi Sunrise Capital Limited was the issuance and sale manager for the 4,75,449.15 shares of Rs 100 each.

This Follow-on Public Offering (FPO) was open from 2081 Mangsir 5 to 9. A minimum of 10 shares have been allocated to 47,544 candidates who registered for the purchase of shares. The remaining 9.15 shares were distributed to 4,820 individuals who requested for 20 to 1,000 shares. During this process, 9 persons received an additional 1/1 share, while 1 person received an additional 0.15 share.

 

The allotment process was concluded on Friday, 2081 Mangsir 19, in accordance with the Securities Issuance and Allotment Guidelines, 2074.