Unnati Microfinance allotment wraps; Stay calm and wait for the result

Unnati Microfinance its IPO allotment has been completed, result to be published on our website. As only 6% applicants will be lucky enough to grasp 10 kittas.

Unnati Microfinance has floated ordinary share among general public from Poush 21st. The issue was closed on Poush 25^th.

The company had issue 1.65 lakh unit shares at a face value of Rs 100. However, only 1,50,150 units was available for the general public. The remaining units was set aside for mutual funds and its employees. Till the last date, the collected amount was around 80 crore through 2.49 lakh applicants.

Siddhartha Capital has been appointed as the issue manager for the upcoming issue.

The microfinance has an authorized capital of Rs 11 crore . The paid-up capital will reach Rs 5.50 crore after the upcoming issue. The company had a networth of Rs 138.46 and an EPS of Rs 44.02 as of 2073/74.