Reliable Microfinance Bittiya Sanstha IPO allotment - View Online IPO Results

Lamjung based--Reliable Microfinance Bittiya Sanstha Limited has concluded its IPO allotment yesterday at 5:00 PM at the premises of its issue manager Civil Capital Market Limited at Kamaladi, Kathmandu.

Reliable Microfinance had floated 1, 50,000 unit shares as part of its initial public offering (IPO). The offer closed on Ashad 25, 2072.

Since the allotment took place through lottery, all allottee were eligible for a minimum of 10 unit shares.

Given the high number of applicants, allocation on pro rata basis was not possible so the allotment was made through lottery system. Allotment of all applicants from minimum Rs 5,000 to maximum Rs 1,00,000 amount investors were decided through lottery.

Of the total 45,246 applicants only 13,995 investors got the shares.- SSN

CLICK TO VIEW ONLINE IPO RESULTS OF Reliable Microfinance Bittiya Sanstha Limited

Ridi hydropower’s IPO to debut on July 4 at Rs 338

Ridi Hydropower Development Company Limited has signed the listing agreement with Nepal Stock Exchange Limited today. It means that it will debut at the trading floor on July 4.
 
Ridi’s company secretary Alok KC said that though the company planned to finished distributing most of the certificates within by June 6, the certificate distribution took longer than they expected. The Ridi’s primary scrip is expected to debut at Rs 338 per share though the opening price brand is Rs 101.87 to Rs 305.10.

Executive Director of the company Guru Prasad Neupane claimed that there is high demand for Ridi’s share in that the company is expected to make a net profit of Rs 6.5 crore in the current fiscal year itself, which can entail a bonus share of 10 percent.

Ridi hydropower IPO oversubscribed by 91.5 times, draws Rs 9.96 arba

Ridi Hydropower Development Company Limited’s Initial Public Offering (IPO) of 11.70 lakh units, is oversubscribed by more than 93 times, according to the preliminary estimate.

“We have reported to the SEBON that we collected Rs 9.96 arba for the IPO. And this means that the IPO has been oversubscribed by around 91.50 percent,” a highly placed official with Civil Capital Limited told.  "Though some cheques could bounce, and a few data are yet to be tallied, the final figure will still come to this tune."

Ridi hydropower IPO expected to be oversubscribed by over 70 times

Ridi Hydropower Development Company Limited’s Initial Public Offering (IPO) of 11.70 lakh units, is oversubscribed by more than 70 times, according to the preliminary estimate.

“We collected 2.7 arba by Wednesday, which means it was oversubscribed by some 25 percent in the first three days,” a highly placed official with Civil Capital Limited told.  “Going by the data pouring in from the collection centers, we are expecting the IPO to be oversubscribed by more than 70 times, may be up to 75 times.”

Ridi hydropower IPO closing today; draws around 2 arba in 3 days

Ridi Hydropower Development Company Limited’s Initial Public Offering (IPO) of 11.70 lakh units has drawn Rs 2 arba in the first three days of its opening.

The IPO is closing day, and long queues of applicants could be seen in all the eight collection centers since the morning.

“The IPO has drawn around Rs 2 arba in three days, though we have not been able to compile all the applications due to the public holiday yesterday.  It suggests that the IPO has been oversubscribed by more than 18 times in the first three days,” said Bhisma Raj Chalise, CEO of Civil Capital, the issue manager.

Mithila Laghubitta Bikas Bank IPO oversubscribed by 70 times

The Initial Public Offering (IPO) of Mithila Laghubitta Bikas Bank Limited that closed on Wednesday has been oversubscribed by around 70 times.

The issuance of 70, 725 units of ordinary shares through the IPO that begun on January 5 was oversubscribed by around 36 times in just three days with the collection of Rs 24.24 crore,  and by around 70 times as additional 26 crore collected in the final day, according to Civil Capital Limited, the issue manager.

Matribhumi Bikas Bank distributing advice slip and refunding money of IPO

Matribhumi Bikas Bank Limited is distributing advice slip and refunding money to the non-allottees who had invested in its IPO.On December 27, Matribhumi’s IPO was allotted flatly at 19.33 percent. As the IPO was oversubscribed by five percent, those who applied up to 40 units were placed under the lottery.

There were 2,047 applicants, mostly from the locals of Sindhuli where the bank is based, according to the issue manager Civil Capital Markets. And there were 245 applications from big and institutional investors for 1.54 lakh unit equity shares.

Matribhumi Bikas Bank IPO public share allotted flatly at 19.33%, View results Online !!

Matribhumi Bikas Bank Limited has been finally allotted flatly at 19.33 percent.

As the IPO was oversubscribed by five percent, those who applied up to 40 units have been placed under the lottery.

There were 2,047 applicants, mostly from the locals of Sindhuli where the bank is based, according to the issue manager Civil Capital Markets. And there were 245 applications from big and institutional investors for 1.54 lakh unit equity shares.

Mithila Laghubitta Bikas Bank IPO public shares issue next week; 200 times oversubscription projected

Mithila Laghubitta Bikas Bank Limited is all set to issue 70,725 units of ordinary shares through its Initial Public Offering (IPO) next week.

The Securities Board of Nepal (SEBON) has already approved the IPO issuance on December 11, and the microfinance development bank plans to float the IPO next week, according to concerned authorities.

“We are only waiting to get the final nod from the Company Registrar’s Office,” Bhisma Raj Chalise, the Managing Director of Civil Capital, the issue manager, told ShareSansar today. “We are planning to issue it next week.”

Cosmos Development Bank IPO Public issue oversubscribed by 5.7 times

The Initial Public Offering (IPO) of Cosmos Development Bank Limited, which closed yesterday, has drawn around Rs 10 crore, which means that it has been oversubscribed by 5.7 times, according to its issue manager Civil Capital Market Limited.

The development bank, which has floated 1.75 lakh unit equity shares of face value Rs 100, coinciding with the Nagbeli’s IPO on December 8. There were more than 3,500 applications -- including both small and institutional investors-- for the IPO.

Cosmos IPO closing today; has already drawn more than Rs 3 crore in three days

The Initial Public Offering (IPO) of Cosmos Development Bank Limited, which has floated 1.75 lakh unit equity shares of face value Rs 100, coinciding with the Nagbeli’s IPO, is closing today.

The Cosmos IPO had drawn more than Rs 3 crore in the first three days of the issuance, according to the issue manager, Civil Capital Market Limited.

Nagbeli Laghubitta Bikas Bank IPO oversubscribed by over 19 times in just 2 days; Cosmos Dev Bank may see 4 times oversubscription

Nagbeli Laghubitta Bikas Bank Limted, which has floated the Initial Public Offer (IPO) of 42,900 unit equity shares of Rs 100 face value from December 8, is already oversubscribed by more than 19 times.

“In the first two days alone the IPO has drawn Rs 8.3 crore,” says an official with NMB Capital Market Limited, the issue manager of the microfinance development bank. “It is likely to be oversubscribed by around 150 times if the trend continues.”

Cosmos Dev Bank IPO public stock opened ; 1.75 lakh units floated

Cosmos Development Bank Limited has floated the Initial Public Offer (IPO) of 1.75 lakh unit equity shares of face value Rs 100 from Dec 8.

The development bank has appointed Civil Capital Market Limited as its issue managers.

Altogether 3,500 units have been set aside for the bank’s staff and the rest to the general public.

The IPO closes on December 12 or could be extended till December 22. The applicants must apply for at least 50 units and up to 10,000 units.

Cosmos Development Bank IPO public shares from December 8, 2013

Cosmos Development Bank Limited has floated the Initial Public Offer (IPO) of 1.75 lakh unit equity shares of face value Rs 100 from December 8.

The development bank has appointed Civil Capital Market Limited as its issue managers.

Matribhumi Bikas Bank IPO public share issue from November 21, 2013

Matribhumi Bikas Bank Limited is going to float the Initial Public Offer (IPO) of 1.54 lakh unit equity shares of face value Rs 100 from November 21.

The development bank has appointed Citizen Investment Trust and Civil Capital Market as its issue managers.

IPO issue worth 3.97 arba & rights shares of 6.18 arba in the pipeline

Altogether 17 companies, including a commercial bank, have applied at the Securities Board of Nepal (SEBON) to issue the Initial Public Offer (IPO), which collectively comes to the tune of Rs 3.97 arba.

Moreover, 34 companies have sought the regulatory body’s approval for issuance of rights shares worth Rs 6.19 arba, according to SEBON sources.

Matribhumi Bikas Bank Ltd to issue IPO public shares on Nov 10, 2013

Matribhumi Bikas Bank Limited is going to float the Initial Public Offer (IPO) of 1.54 lakh unit equity shares of face value Rs 100 from November 10.

The development bank has appointed Civil Capital Limited as its issue manager.

Ridi hydropower to issue IPO shares to locals on Oct 4

Ridi Hydropower Development Company Limited is issuing the Initial Public Offer of 3 lakh unit equity shares to the local residents affected by or in the vicinity of the 2.4 MW Ridi Khola Small Hydropower Project from October 4.

Nepal Bank Ltd to auction 2.49 million right shares from Sept 16 to 24

Nepal Bank Ltd (NBL) will auction its 2.49 million units of unsubscribed right shares to the public as ordinary shares.

It has asked for sealed quotations from interested investors from September 16 to 24. Interested investors can bid for a minimum of 10 units of shares at a price higher than Rs 100 per unit.