CDS & Clearing Limited (CDSC) has reported the data of public IPO collection of Aviyan Laghubitta Bittiya Sanstha Limited (AVI) as of 10 am today i.e Shrawan 20.
Aviyan Laghubitta Bittiya Sanstha Limited (AVI) has been issuing its 9,75,000 unit IPO shares to the general public from 18th Shrawan and will conclude on 22nd Shrawan, 2079. If it is not fully subscribed the issue will be extended up till 1st Bhadra, 2079. Out of the offered 9,75,000 units; 0.5% of the total capital i.e. 12,500 units have been set aside for the employees of the company and 5% of the total offered shares to the general public i.e. 48,750 units have been set aside for the mutual funds. The remaining 9,13,750 units are for the general public. Applications can be placed for a minimum of 10 units and a maximum of 3000 units. Muktinath Capital Limited is appointed as the issue manager for the IPO issuance.
According to CDSC, 13,31,905 applicants have applied for a total of 1,52,67,950 units. Thus, the issue is already oversubscribed by 15.65 times so far.