Vijaya Laghubitta Financial Institution has completed the allotment of its Further Public Offering (FPO), with shares distributed to 46,781 applicants through a lottery-based process.
The allotment of the Further Public Offering (FPO) of Vijaya Laghubitta Financial Institution Limited was completed on Tuesday, Magh 6 (B.S.). The allotment was carried out at 9:00 AM by the issue and sales manager, NMB Capital Limited.
Under the FPO, the company had issued a total of 466,817 shares at a face value of Rs 100 per share. By the final day of application, the issue received applications from 2,299,252 investors.
According to data from CDS and Clearing Limited, applications were submitted for 26,666,990 shares, representing a total application value of Rs 2 arba 66 crore 66 lakh 99 thousand.
Based on the allotment results, 46,781 applicants were allotted 10.10 shares each. Among them, 7 applicants received an additional 1.1 shares, bringing their total allotment to 11 shares, while the remaining around 2.25 million applicants did not receive any shares.
The FPO was issued to the general public from Poush 21 to Poush 24 (B.S.), with a total issue size of Rs 4 crore 66 lakh 81 thousand 700. The company had received approval from the Nepal Securities Board to issue the FPO on Mangsir 14 (B.S.).
Following the completion of the FPO, the shareholding structure of Vijaya Laghubitta Financial Institution now stands at 70 percent held by promoter shareholders and 30 percent by public shareholders.
How to check FPO results?
Applicants will be able to view the results by entering their bid DP ID and other details.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
