Siddhartha Capital to conclude allotment of 1.65 lakh unit IPO shares of Unnati Microfinance tomorrow

Siddhartha Capital Limited is concluding the allotment of 1.65 lakh unit IPO shares of Unnati Microfinance Bittiya Sanstha Limited tomorrow (Magh 26, 2074). Unnati Microfinance had issued IPO shares from Poush 21 to Poush 25, 2074. Around Rs 80 crore amount had been collected from 2.49 lakh applicants. The microfinance company has set aside 4% or 6,600 unit shares for its employees and 5% or 8,250 unit shares for the existing 11 mutual fund companies. Remaining 1,50,150 units will be allotted to the general public. Unnati Microfinance has paid-up capital of Rs 3.85 crore, after issuance of IPO shares its capital will reach Rs 5.50 crore. The microfinance company has earned Rs 45.11 lakh in the first quarter of the current fiscal year 2074/75 as of its unaudited report. Unnati Microfinance is located at Rupandehi district of Nepal.The microfinance company is providing its services to ten districts Unnati Microfinance collects Rs 80 crore from 2.49 lakh applicatants; only lucky 15,010 applicants to get shares through lottery