ShareSansar, July 10:
Investors have one more day to apply for Sana Kishan Bank IPO that is closing on July 10, today.
While the bank had collected Rs 11 crore in just two days of the IPO opening, in one single day on Tuesday, the IPO attracted Rs 21 plus crore worth of applications.
Officials at Elite Capital, the issue manager for the IPO, said the total collection by the end of the third day’s sales has reached Rs 33 crores.
Sana Kishan had issued a total of 6 lakh shares out of which 30,000 was set aside for mutual funds and 18,000 shares for the bank’s employees.
By the end of the closing day, the IPO is expected to be oversubscribed at least 10 times.
Sana Kisan Bikas Bank Limited (SKBBL) is promoted by Agriculture Development Bank Nepal (31.47%), Nepal Bank Limited (8.67%), Nabil Bank limited (4.34%) and 231 Small Farmers Agricultural Cooperatives (55.52%).
IPO Analysis: CLICK HERE
Closing date announcement: CLICK HERE
CDSCL clarifies that CDS process continues smoothly
Investors Forum urges regulators not to extend deadline for full-fledged CDS implementation
Suggestions to help stock market move in the right direction
CDSCL holds mock trading and settlement of stocks successfully
Janaki Finance pledges 70% bonus share plus cash dividend for tax purpose
Finally majority of NHPC BoD unite; AGM expected by Poush
CDS operation: Where has the preparation reached so far?
Mid-cap commercial banks set to spur the market further (with tables of dividend)
Why aren’t regulators punishing those involved in insider trading?
Kumari Bank pledges 33% bonus share, 1.74% cash; Laxmi offers 20% bonus, 1.05% cash
Mero Microfinance to issue IPO share within end of this fiscal year
Why Everest Bank share price is bullish as per technical Analysis?
Raptibheri floating IPO share to general public from Magh 22
Civil Bank posts 421% net profit growth in Q2, thanks to NII of Rs 43.25 crore
CDS defers again full implementation of dematerialized transaction of banking scrips
Mega Bank signs MoU with PDBL for merger; Swap ratio at 104.25:67, transaction halted
Century Bank posts 152.5% profit growth in Q2, thanks to NII of Rs 31.73 crore
Prabhu Bank set to acquire ailing Grand Bank
"Market is in bull-run & the current trend is positive" opines Technical Analyst