How to Check IPO Result of Upakar Laghubittiya Sanstha Limited

How to Check IPO Result of Upakar Laghubittiya Sanstha Limited. Check IPO Result og Upakar Laghubitta. IPOResult IPOKhabar IPOUpdates IPONotice cdsc

How To Check IPO Result

Upakar Laghubittiya Sanstha Limited

Check IPO Result of Upakar Laghubittiya Sanstha Limited: Upakar Laghubitta Bittiya Sanstha Limited has successfully closed its IPO issue today. The IPO was supposed to close at the early closing date on 29th Chaitra, 2078 since it was already oversubscribed on the first day itself. However, the IPO closed today, i.e. on 30th Chaitra at the end of banking hours because the government decided to give a public holiday on Chaitra 27 on the occasion of Ram Nawami. The company had submitted an application to SEBON requesting to issue 36% of its issued capital in the form of an IPO. The proposal was submitted on Shrawan 13. SEBON then approved the application on Chaitra 07.

Useful Links:

• Click Here To View TMS Broker List in Nepal
• How to Renew Your Meroshare & DEMAT Account
• Reason for IPO Share Rejection
• List of Upcoming IPO Share in Nepal

How to Check Upakar Laghubittiya Sanstha Limited IPO Result:

You have to follow the following instruction to fast check the IPO result of Upakar Laghubittiya Sanstha Limited:

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.

Other Ways to Check IPO Result of Upakar Laghubittiya Sanstha Limited:

• Nepal SBI Merchant Banking Website: IPO Result Upakar Laghubittiya Sanstha Limited
• CDSC IPO Result: https://iporesult.cdsc.com.np
• MeroShare Official Website: https://www.meroshare.cdsc.com.np

The company has a total of 6,56,250 registered shares of which 2,36,250 shares were issued in the upcoming IPO. Thus, the IPO will raise a total of Rs. 2,36,25,000 in paid-up capital. Of the total public issue, 0.5%, i.e. 3,281 shares were reserved for employees while 5%, i.e. 11,813 shares for mutual funds. The remaining 2,21,156 shares were for the individual public.

According to CDSC, 24,31,170 applicants have applied for a total of 2,75,65,230 units. This is the data as of 5: 02 pm yesterday. Thus, the issue has been oversubscribed over 124.64 times already. Applicants can apply for a minimum of 10 units to a maximum of 1000 units.

Nepal SBI Merchant Banking Limited has been appointed the issue manager for the proposed IPO issue. Upakar Laghubitta Bittiya Sanstha Limited posted a net profit of Rs 18.84 million in the 2nd quarter of the fiscal year 2078/79.