IPO Allotment of Swastik Laghubitta Completed

The IPO allotment of Swastik Laghubitta Bittiya Sanstha Limited, which was open for subscription from July 14 to August 19, has been completed today.

A total of 19,514 investors received 10 shares each, while 5 lucky investors were allotted 11 shares each.

Investors can check their IPO results through the issue manager Nabil Investment Banking, via their MeroShare accounts, or through the official IPO result portal of CDS and Clearing (https://iporesult.cdsc.com.np/) as well as the company’s website.

Earlier, the company had received approval to issue 231,000 shares (40% of issued capital) worth NPR 23.1 million. Out of this, 1,155 shares were reserved for employees, 11,550 shares for mutual funds, and 23,100 shares for Nepalis working abroad.

The remaining 195,195 shares were issued to the general public in the second phase.