Nagbeli Laghubitta Bikas Bank IPO allotment results - View Online

Allotment of the Initial Public Offering (IPO) of 42,900 unit equity shares floated by Nagbeli Laghubitta Bikas Bank Limted,  has taken place today.

As per the allotment model developed by the issue manager, NMB Capital Limited, those who applied up to 4,210 units have been placed under the lottery.


It is interesting to note that the minimum allotted units per group is 10 units and the maximum allotted units for any group is 11 units.

The allotment model was designed in that manner since the IPO was oversubscribed 341.65 percent, and the allotment percentage up to 500 units was 0.569 percent, and from 510 to 4210 units is 0.221 percent and from 4300 to 5000 units is 0.23 percent.

"As we had to ensure that each of the groups get at least 10 units of share, we prepared the model accordingly" according to NMB officials. "Otherwise, none of the smaller investors would have got any shares." -SSN

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Nagbeli Laghubitta Bikas Bank allotment only next week

Allotment of the Initial Public Offering (IPO) of 42,900 unit equity shares floated by Nagbeli Laghubitta Bikas Bank Limted, in December will take place only next week, most probably on January 12, according to the issue manager NMB Capital Limited.

With this, the investors, who were hoping to get the refund from Nagbeli to apply for the IPO of Century Commercial Bank Limited to be opened on January 9, will have to make alternative arrangement to apply for the IPO.

Nagbeli Laghubitta Bikas Bank IPO public issue oversubscribed by more than 200 times & creates history in Nepal

Breaking all the records of the past, the Initial Public Offering (IPO) of 42,900 unit equity shares of Rs 100 face value floated by Nagbeli Laghubitta Bikas Bank Limted, which closed on Wednesday, has attracted around Rs 1 arba.

NMB Capital, the issue manager, said that they had received more than Rs 60 crore on the closing day alone, besides more than Rs 30 crore on the initial days.

Nagbeli IPO closes; draws over Rs 25 crore in 3 days

The Initial Public Offer (IPO) of 42,900 unit equity shares of Rs 100 face value floated by Nagbeli Laghubitta Bikas Bank Limted from December 8 has closed today. Though the applications are still being compiled, the IPO is likely to oversubscribed by around 150  times, according to concerned officials.

“In the first three days the IPO has drawn Rs 25 crore,” says an official with NMB Capital Market Limited, the issue manager of the microfinance development bank. “As most of the institutional investors have applied today, we expect the IPO to attract more money today then the previous days combined.”

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.”

Nagbeli Laghubitta Bikas Bank issues IPO public shares

Nagbeli Laghubitta Bikas Bank Limted is floating the Initial Public Offer (IPO) of 42,900 unit equity shares of Rs 100 face value from today.

The microfinance bank has appointed NMB Capital Market Limited as its issue managers.

Altogether 858 units have been set aside for the bank’s staff and 2,145 units to the mutual funds and the rest to the general public.

Nagbeli Laghubitta Bikas Bank IPO public share issue on Dec 8, 2013

Nagbeli Laghubitta Bikas Bank Limted is floating the Initial Public Offer (IPO) of 42,900 unit equity shares of face value Rs 100 from December 8.

The microfinance bank has appointed NMB Capital Market Limited as its issue managers.

Altogether 858 units have been set aside for the bank’s staff and 2,145 units to the mutual funds and the rest to the general public.