Adarsha Laghubitta IPO collects Rs. 1.11 Arba Till Third Day; Oversubscribed 177.95 times from 9,71,691 Applicants

CDS & Clearing Limited (CDSC) has reported the data of public IPO collection of Adarsha Laghubitta Bittiya Sanstha Limited (ADARSHA) as of 10 am today i.e Ashad 03.

Adarsha Laghubitta Bittiya Sanstha Limited (ADARSHA) has been issuing its 67,000 unit IPO shares to the general public from 1st Ashad and will conclude on 6th Ashadh, 2079. Out of total 67,000 unit shares; 0.5% of the issue worth 1,035 unit shares have been allocated for ordinary shareholders of the company and 5% worth 3,350 shares for mutual funds. The remaining 62,615 shares are purely for the individual public. Applications can be placed for a minimum of 10 units and a maximum of 1000 units. BOK Capital Market has been appointed as the issue manager for the IPO issuance.

According to CDSC, 9,71,691 applicants have applied for a total of 1,11,42,490 units. Thus, the issue is already oversubscribed by 177.95 times so far.