Manakamana Smart Laghubitta Bittiya Sanstha Limited (MSLBSL) published the initial public offering (IPO) result on Monday, July 12. According to NMB Capital, the manager of the IPO issue and sale of Manakamana Smart Laghubitta, the distribution took place at 9.30 am on Monday.
Manakamana Smart Laghubitta had sought permission from SEBON for IPO allotment by pre-allotment on Friday. Laghubitta's IPO was allotted on Monday (July 12, 2021) morning after receiving permission from SEBON.
Manakamana Smart's IPO, which went on sale from July 1 to July 5, has received 2,036,245 applications for the purchase of 2,65,74,050 units shares worth Rs 2.65 billion. This is 73.10 times more than the 3,63,492 units allocated by Laghubitta for the general public.
As more applications were received for the IPO of Manakamana Smart Laghubitta than the demand, the securities have been distributed as per the issuance and distribution guidelines. According to the directive, only 36,349 lucky people have received shares of Laghubitta after distributing at least 10 units through the round. Accordingly, more than 98.10 percent of applicants will not get shares.
Manakamana Smart had issued 389,000 units of ordinary shares with a face value of Rs 100 per share since July 1. Out of this, Manakamana Smart has allotted 6,058 units shares, i.e. 0.5 percent of the issued capital, for the employees and 5 percent of the total issue, i.e. 19,450 units shares, for the collective investment fund. Only the remaining 363,492 units will be distributed to the general public.
How to Check Manakamana Smart Laghubitta IPO Allotment (Result):
You have to follow the following instruction to fast check the IPO result of Manakamana Smart Laghubitta from the MeroShare (CDSC) website:
Step 1: Log on to www.iporesult.cdsc.com.np
Step 2: You will see this type of interface on your device.
Step 3: Type your 16 digit BOID Number (Beneficial Owner Identification Number)
Step 4: Click on View Result Tab.
Finally, you will get the result message on the interface.
(Note: The IPO result will be shown after the share allotment and upload data on the server)
Other Ways to Check IPO Result of Manakamana Smart Laghubitta:
1. MeroShare Official Website: https://www.meroshare.cdsc.com.np
2. IPO Result on NMB Capail Website: https://result.nmbcl.com.np
Detail Statement:
| The IPO Issuing Company | Manakamana Smart Laghubitta Bittiya Sanstha Limited (MSLBSL) |
| Issue Manager | NMB Capital Limited |
| Security Type | Common Stock -IPO |
| Date of Approval From SEBON | 2078-2-30 |
| IPO Issued Date | 2078-3-17 to 2078-3-21 (1st July 2021, to 5th July 2021) |
| IPO Face Value | Rs. 100 |
| Total IPO Share | 389000 Units |
| The share allocated for Mutual Investment (5%) | 19450 Units |
| The Share allocated for employees (0.5%) | 6058 Units |
| Total Share for Individual Investor (General Public = 94.5%) | 363,492 Units |
| Total Applicants | 2036245 |
| Total Allotted Kitta | 389000 Kitta |
| Total Allottee | 38900 applicants |
Contact Details:
Manakamana Smart Laghubitta Bittiya Sanstha Limited (MSLBSL)
Maitripath-5, Siddharthanagar, Rupandehi, Lumbini Pradesh, Nepal
Phone: +977-71-527316
Email: [email protected]
Website: www.manakamanalbs.com
