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

Oversubscribed IPO shares distributed via lottery on Friday by Nabil Investment.

Swastik Laghubitta Bittiya Sanstha Limited’s IPO shares allocated to Nepali citizens working abroad were distributed on Friday. The allotment process was conducted by the sales manager, Nabil Investment.

The pre-allotment for the IPO was completed on Sawan 13, during which a total of 67,329 applicants applied for 1,037,130 shares, with 4 applications rejected. Due to the oversubscription, the company has decided to distribute shares through a lottery system.

From the lottery, 2,310 applicants have been allocated shares at the rate of 10 shares per applicant.

In the initial phase, Swastik Laghubitta obtained labor approval and issued shares to Nepali workers abroad from Asar 27 to Sawan 9.

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

How to Check Swastik Laghubitta IPO Result ? – Bajarko Chirfar English