IPO Of Nepal Seva Laghubiita allotted; IPO Result to be published shortly in NepseKhabar

The IPO of allotment of Nepal Seva Laghubitta has successfully concluded today. The shares have been allotted to 16,740 applicants on a lottery basis. 

The result will be availble in this link shortly :

http://nepsekhabar.com/iporesult

Nepal Seva Laghubitta went for a public issue of 1.8 lakh units from baisakh 12th to Baisakh 16th, 2075. The company had a paid up capital of Rs 4.20 crores which will rise to Rs 6 crores now. The microfinance had earned a meager net profit of Rs 13.99 thousand as of 2nd quater of this fy. It has a reserve of Rs 11.08 lakhs. The promoter public ratio will dilute to 70% after the public issue.