RSDC Laghubitta to refund IPO non-allottees from Kartik 5; applicants having A/C in 18 BFIs to get refund in respective A/C

RSDC Laghubitta Bittiya Sanstha Limited will be refunding excess money collected from investors from Kartik 5, 2073. It had floated 4 lakh unit shares worth Rs 4 crore as part of its IPO shares. The non-allotted investors have to visit their respective collection centers with receipt to collect their refund money through account payee cheque. Letter of authorization along with photocopy of identity card of authorized person must be presented if the investors cannot collect their money themselves. Applicants who had provided their account number in the following BFIs given below will get their refund money directly deposited in their respective accounts. NIBL Capital Limited was the issue manager for the IPO. Allotment for investors who had applied from Rs 5,000 or 50 units to Rs 255,000 or 2550 units shares was decided through lottery and remaining investors who applied for Rs 25,6000  or 2560 units to Rs 4,00,000 or 4000 units were allotted  11 to 14 units or 0.35 % to 0.388% on pro-rata basis. Of the total 155,058 applicants only 33,088 investors got the shares including 7 mutual fund and 9 staffs. There were only 231 invalid applicants. RSDC Laghubitta had earned net profit of Rs 1.50 crore in Q4 of the last fiscal year 2072/73.