Nepal Seva Laghubitta lists 6,00,000 units IPO shares for trading; trading starts from Jestha 29th
Thu, Jun 7, 2018 1:49 AM on Latest, Stock Market, Share Listed,
Nepal Seva Laghubitta Bittiya Sanstha Limited (SEVA) has listed its 6,00,000 units ordinary shares in NEPSE. The trading of the shares will start from Jestha 29th, 2075.
NMB Capital Limited has been appointed as its Share Registrar.
The company had issued IPO from Baisakh 12 to Baisakh 16, 2075. Out of the total 1,80,000 units i.e. 30% of the total issued capital, 5% or 9000 units were allotted to different mutual fund schemes and 2% or 3600 units for the company employees. Remaining 1,67,400 units were allotted to 16,740 applicants. The issue was oversubscribed by almost 80 times.
The company had earned Rs 5.26 lakh net profit in Q3 of current fiscal year.
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