Shrijanshil Laghubitta IPO collects Rs. 1.34 Arba Till Third Day; Oversubscribed 34.15 times from 1,209,307 Applicants

CDS & Clearing Limited (CDSC) has reported the data of public IPO collection of Shrijanshil Laghubitta Bittiya Sanstha Limited (SHLBSL) as of 10 am today i.e Bhadra 17.

According to CDSC, 12,09,307 applicants have applied for a total of 1,34,49,870 units. Thus, the issue is already oversubscribed by 34.15 times so far.

Shrijanshil Laghubitta Bittiya Sanstha Limited (SHLBSL) has been issuing its 3,93,750 unit IPO shares to the general public from 15th Bhadra and will conclude on 19th Bhadra , 2079. If it is not fully subscribed the issue will be extended up till Bhadra 29, 2079.

Out of the total issue; 0.5% of the total shares i.e 5,470 unit shares have been allocated to the employees of the company, whereas 5% of the IPO shares i.e 19,690 unit shares are reserved for the different mutual fund schemes. The remaining 3,68,590 unit shares are for the general public. Sunrise Capital has been appointed as the issue manager for the IPO issuance. Interested investors can apply for a minimum of 10 shares to a maximum of 1000 shares.