Allotment of the Initial Public Offering (IPO) of Ekata Bikas Bank has
taken place this morning at the office of NMB Capital, which is the
issue manager of the development bank.
As per the official, the IPO has been allotted proportionately at 6.5334 percent, and those who had applied between 50 and 140 units of the primary shares were placed under lottery.
The IPO worth Rs 8 crore floated by the development bank on June 4 was oversubscribed by 15.306 percent by the time the issue closed on June 9.
Among the total 8 lakh issued units, 24,000 units had been set aside for the bank staff, another 40,000 for the mutual funds and the remaining units were floated for the general public.
As per the official, the IPO has been allotted proportionately at 6.5334 percent, and those who had applied between 50 and 140 units of the primary shares were placed under lottery.
The IPO worth Rs 8 crore floated by the development bank on June 4 was oversubscribed by 15.306 percent by the time the issue closed on June 9.
Among the total 8 lakh issued units, 24,000 units had been set aside for the bank staff, another 40,000 for the mutual funds and the remaining units were floated for the general public.
