Swadeshi Laghubitta Bittiya Sanstha Limited had floated its Initial Public Offering (IPO) of 3,00,000 unit shares worth Rs 3 crore from Chaitra 25, 2073 till Chaitra 29, 2073.
As per an official of NMB Capital Limited, the issue manager for the IPO, the issue has collected around Rs 3.35 arba (Oversubscribed by 122.83 times) till last day from both regular and ASBA applications. Around 93,327 application forms were received.
|
Total Collection ( Rs) |
Total Applicants |
| Days |
Total |
ASBA |
Non-ASBA (Regular) |
Total |
ASBA |
Non-ASBA (Regular) |
| 1st |
20 crore 4 lakh |
3 crore 29 lakh |
16 crore 75 lakh |
5,822 |
631 |
5,191 |
| 2nd |
44 crore 41 lakh |
15 crore 40 lakh |
28 crore 97 lakh |
18,212 |
3,113 |
9,277 |
| 3rd |
85 crore 90 lakh |
47 crore 10 lakh |
38 crore 80 lakh |
29,326 |
7,326 |
22,000 |
| 4th |
1 arba 79 crore |
90 crore 19 lakh |
89 crore 64 lakh |
50,811 |
21,185 |
29,626 |
| Total * |
3 arba 35 crore |
1 arba 56 crore |
1 arba 79 crore |
93,327 |
32,255 |
66,094 |
(* Datewise collection and total collection presented as per the data received by ShareSansar)
The microfinance company has set aside 12,000 unit shares for its employees and 15,000 unit shares for the existing ten mutual fund companies. The mutual fund schemes are Nabil Balanced Fund-1, Nabil Equity Fund, NMB Sulav Investment Fund – 1, NMB Hybrid Fund L-1, NIBL Sambriddhi Fund – 1, NIBL Pragati Fund, Laxmi Value Fund -1, Siddhartha Equity Oriented Scheme, Siddhartha Investment Growth Scheme- 1 and Global IME Sammunat Scheme-1.
The company has set aside a total of 2, 73,000 unit share to the general public.
Itahari-based Swadeshi Laghubitta had initiated microfinance operations from December 24, 2014. It has earned a net profit of Rs 1.35 crore till the end of second quarter of the FY 2073/74 The microfinance company plans to raise Rs 3 crore through the offer. After the IPO, the paid up will reach Rs 10 crore from the current Rs 7 crore. Its authorized capital stands at Rs 20 crore.
After the IPO, the promoter-public ratio of the company will be 70 % to 30%.
Allotment to conclude within 40 days
Since the number of applicants has not exceeded 1 lakhs, the allotment will now conclude in 40 days from the last day of issue i.e. within May 21, 2017.
