Sana Kisan Bikash Bank Limited has started to distribute IPO share
certificates from Sunday, and the shares are likely to be listed later
this week.“We have started distributing the remaining IPO shares from today,” Liladhar Dhital, an official at the bank, told Sharesansar. “And, we plan to get the shares listed by September 13.”
Of the total six lakh IPO shares allotted in August, the microfinance has allotted 5,70,000 unit shares to the general public, including 18,000 units to its staff, from Sunday.
Earlier Sana Kisan had distributed 30,000 unit shares to mutual fund companies, including Nabil Balance Fund and Siddhartha Investment Growth Scheme.
On August 14, smaller investors, who had applied for 50 to 290 shares, were offered 10 unit shares each on the basis of a lottery system while the investors opting for up to 500 unit shares were offered 10 to 16 shares as per 3.239 percent ratio.
Big investors, who had applied for more than 510 shares, had received shares worth 2.477% of their total investment in the IPO.
-sharesansar
