IPO Shares of Mahila Laghubitta (MLBSL) Now Listed; Price Can Reach As High As Rs. 939 on the First Day Itself

10,00,000 unit shares of Mahila Laghubitta Bittiya Sanstha Limited (MLBSL) have been listed in NEPSE.

Mahila Laghubitta Bittiya Sanstha Limited had issued 4,00,000 units worth Rs 4 crore as Initial Public Offering to the general public from (Magh 30- Falgun 5, 2077). The issue had received applications from 15,36,682 valid applicants who had applied for a total of 23,692,630 units. The issue was oversubscribed more than 63.18 times. As per the allotment module, a total of 37,500 applicants were allotted 10 units each via lottery, and the remaining 14,99,182 applicants returned empty-handed. A total of 5,000 units were allotted to the staff of the company and 20,000 units allotted to mutual funds. In total 3,353 applicants who applied for 54,960 units were disqualified.

The same IPO shares along with the promoter shares are now listed in NEPSE. The opening range for the first transaction is set from Rs. 313.16 to Rs. 939.48.

If the first transaction happens in the pre-market session tomorrow, the shares will trade in the market session from tomorrow itself.