Clean Village Microfinance to distribute IPO share certificates from today

Clean Village Microfinance Bittiya Sanstha Limited is distributing IPO share certificate to its shareholders from today, Ashwin 13, 2072. As per the notice published today, the investors to whom the shares have been allotted can collect their share certificate from the collection center where they had submitted their IPO forms. Furthermore, the allotment advice along with identity card of the investor is mandatory to collect the share certificate. Clean Village had opened its Initial Public Offering of 1, 20,000 unit shares. The allotment of the company’s IPO was held on Shrawan 16, 2072. Allotment of all applicants from minimum Rs 5,000 to maximum Rs 1, 00,000 amount investors were decided through lottery. Since the allotment took place through lottery, all allottees were eligible for a minimum of 10 shares. The microfinance paid-up capital will rise to Rs 4 crore from the existing Rs 2.80 crore following the IPO.