ILFCOM IPO non-allotee to get refund from Jestha 20

ShareSansar May 31:

ILFCO Microfinance Bittiya Sanstha Limited will be refunding excess money collected from investors as part of its initial public offering from Jestha 20, 2072. The IPO of was oversubscribed more than 57 times.

ILFCO Microfinance Bittiya Sanstha announced the allotment of 4,00,000 unit shares under its IPO on Jestha 14.

The bank has urged non-allottee investors to visit their respective collection centers with receipt to collect their refund money through account payee cheque.

The non-allotees have to bring their receipt with a copy of citizenship or authorization letter to collect their payment slip.

Civil Capital Market Limited is the issue manager.