Checking for Rastra Utthan Laghubitta IPO result is very easy. You can check results on the CDSC IPO result Page, the Capitals website, or from Mero Share. But if you don’t know then follow the instructions.
How to check Rastra Utthan Laghubitta IPO Result?
Check result – 1
To check IPO result in IPO Result CDSC website, go to iporesult.cdsc.com.np and Select company and enter Demat No and search for allotment.
Check result – 2
Go to https://result.niblcapital.com/#/ipo-result, enter Demat id, and select company, Now search for allotment result.
Check result – 3
Login to Mero Share account, go to My Asba and check allotment status and find result.
Rastra Utthan Laghubitta Sanstha IPO
Rastra Utthan Laghubitta Sanstha Limited has issued 8,50,000 IPO shares worth Rs 85 million from Falgun (फागुन) 4, Wednesday.
Out of the total 850,000 IPO shares, the company has secured 13,000 shares to employees and 42,500 shares for mutual funds. Apart from this, the general public has applied for the remaining 7,94,500 IPO shares.
Rastra Utthan Laghubitta IPO has opened from Falgun 4 – Falgun 8. The IPO was oversubscribed with a huge number by the deadline of Falgun 8. Total of 26,26,090 investors applied for the IPO. Which is a record high of application.
|Company||Rastra Utthan Laghubitta Sanstha|
|Total IPO||8,50,000 kitta|
|To Employee||13,000 kitta (0.5%)|
|To Mutual Funds||42500 Kitta (5%)|
|To Public||7,94,500 Kitta|
|IPO Date||Falgun 4 – Falgun 8|
|IPO Price||Rs. 100|
|IPO Minimum Apply||10 Kitta|
|IPO maximum Apply||1000 Kitta|
|IPO Allotment||79,450 Investors|
|Issue Manager||NIBL Ace Capital Limited|
|ICRA Rating||ICRA NP IR Double B|
Maximum IPO to Apply?
Investors were able to apply for a minimum of 10 kitta to Maximum 1000 kitta in this IPO. But we recommended investors to apply for 10 kitta. Because there are more than 2.6 million active applicants, therefore chances of IPO allotment are very low.
According to SEBON, Lucky 79,450 get 10 kitta IPO each. Since IPO allotment has to depend on luck.
How to apply for IPO?
Interested applicants can visit C-ASBA Member Banks and apply for the IPO. Also, Investors can apply for the IPO through Mero Share Online using App or website.
To Apply for IPO, go to this link, www.meroshare.cdsc.com.np
About Company & Rating
The company aims to upscale the financial status of the disadvantaged groups of people by providing easy access to finance and enhancing their business skills and grow their enterprises at optimum level.
At present, the paid-up capital of the company has Rs. 175 million. After the IPO allotment, the paid-up capital will reach 260 million.
Rastra Utthan Laghubitta has selected NIBL Ace Capital Limited, the IPO sales manager. ICRA Rating for IPO Nepal has given ICRA NP IR Double B Rating to the company. The company is at moderate risk and the company can fulfill financial obligations on time.