Laxmi Laghubitta’s IPO shares get listed for trading from today
Sun, Sep 28, 2014 12:00 AM on Share Listed,
ShareSansar, September 28:
Altogether 10,00,000 units of IPO shares of Laxmi Laghubitta Bittiya Sanstha Ltd has been listed for trading from today.
According to Nepal Stock Exchange Limited (Nepse), the shares can be traded from now onward.
The micro finance institution had stated to distribute its IPO share certificate to general shareholders earlier this month.
The allotment of the company’s IPO was held on August 6. Those who had applied up to 1,050 units have fallen under lottery while it was flatly allotted to those applying for more than that 0.9 percent.
The IPO worth Rs 3 crore floated on June 24 had drawn more than 2.57 arba.
The microfinance institution based in Kathmandu had floated 3 lakh primary shares at a face value of Rs 100. It has altogether set aside 15,000 units for the mutual funds and 9,000 units for its staff.
Bonus shares of National Life, Lumbini General Insurance, auctioned share of Global IME listed
Altogether 27,57,353 units of bonus share of National Life Insurance Company Ltd. has been listed for trading from today.
Similarly, 1,53,409 units bonus shares of Lumbini General Insurance Co. Ltd. has also been listed for trading.
Meanwhile, 3,49,594 units auction share of Global IME Bank Ltd. has been listed.
On the other hand, the central bank has transferred 7.5 percent cash dividend proposed by Manjushree Financial Institution Ltd to reserve with view of the financial health of the BFI.
