Swastik Laghubitta’s IPO allotment, how to check results ? – Bajarko Chirfar English

Swastik Laghubitta Bittiya Sanstha will allot its IPO shares today (Thursday) at 10:00 AM. Out of 195,195 shares issued, only 19,519 applicants will receive shares.

Swastik Laghubitta Bittiya Sanstha Ltd. is conducting the allotment of its Initial Public Offering (IPO) today, Thursday, at 10:00 AM. The company had opened the IPO subscription for the general public from Shrawan 30 to Bhadra 3, 2082. Under this issuance, a total of 195,195 shares were offered. Due to oversubscription, only 19,519 applicants will be able to secure shares from this allotment.

Earlier, the company had already issued and allotted shares to Nepali citizens working abroad who hold approved labor permits. That allotment was completed before the IPO was opened for the general public.

The Securities Board of Nepal (SEBON) had granted approval to Swastik Laghubitta for this IPO issuance on Ashad 5, 2082. With today’s allotment, the company has completed the distribution process for its public offering.

This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.