Experts Speak:Investing in IPO of Mero Microfinance; IPO worth Rs 6.12 crore from Falgun 20

Mero Microfinance Bittiya Sanstha Limited will be floating its Initial Public Offering (IPO) of 6,12,000 unit shares worth Rs 6.12 crore from Falgun 20, 2072.The offer will close on Falgun 27, 2072 at the earliest.

Here is our experts say regarding how much to invest in the IPO of Mero Microfinance Bittiya Sanstha Limited.

Tsewang Gurung

Investor

In my opinion applying for the highest units of shares i.e. 10,000 units will provide the higher changes to get comparatively higher amount of shares.

Fundamentally the company is good as a result the IPO issue will be oversubscribed by good times.

Amrit Regmi

Investor

The IPO issue is of only 6.12 crore and as banks are the institutional promoters it will be oversubscribed the best strategy will be to invest below Rs 50,000. It would be good to apply between 100-500 unit shares.