IPO of Manushi Laghubitta Oversubscribed Over 21.43 Times on First Day Itself

 Manushi Laghubitta Sanstha Limited has given 3,93,750 units of customary offers worth Rs. 3.93 crores to the overall population from today, for example Shrawan 27, 2078. The early shutting date of this IPO issue is on Shrawan 31, 2078. In the event that the issue isn't bought in till Shrawan 31, 2078, the cutoff time can be stretched out to Bhadra 09, 2078. 

Out of offered 393,750 units; 0.5% of the complete capital i.e., 5,469 units have been apportioned for the workers of the organization, and 5% for common assets. The leftover 368,593 units are for the overall population. Applications can be put for at least 10 units and a limit of 1,000 units. 

Nepal SBI Merchant Banking Limited has been selected as the issue administrator for the IPO issuance. As per the issue administrator, 5,81,633 candidates have applied for a sum of 79,02,510 units. In this manner, the issue is as of now oversubscribed over 21.43 occasions on the primary day itself. 

After the IPO issue, public holding will be 36% and advertisers holding will be 64%.