IPO allotment of Sadhana Laghubitta concludes; lucky 66,152 investors get 10 units each and remaining 3,81,697 applicants return empty hand

The IPO of Sadhana Laghubitta Bittiya Sanstha Limited is allotted today (Ashad 29) at the premises of Global IME Capital Limited.

Sadhana Laghubitta Bittiya Sanstha Limited has issued 7,07,800 units ordinary shares worth Rs 7.07 crore to the general public from Ashad 21-24, 2077. Out of the offered 7,07,800 units; 0.5% of issue capital i.e. 10,890 units have been set aside for the employees of the company and 5% of the total offered shares to the general public i.e. 35,390 units have been set aside for the mutual funds. The remaining 6,61,520 units are for the general public.

Global IME Capital Limited was an issue manager for the IPO issuance.

The issue had received applications from 4,47,849 valid applicants who had applied for a total of 1,09,00,990 units. The issue was oversubscribed by more than 16.50 times.

As per the allotment module, a total of 66,152 applicants were allotted 10 units each via lottery, and the remaining 3,81,697 applicants were returned empty hand. 

A total of 10,890 units were allotted to the staff of the company and 35,390 units allotted to mutual funds.

The IPO result can be accessed by sharesansar.com- IPO result page soon.

Allotment Module: