Yet another IPO Result hits the market, this time its last month released Udhyam Bikas Bank. Well, as the IPO was released only last month 13th Dec 2009, people weren’t expecting the result so soon. Udhyam Bikash Bank had issued 150,000 units shares to pubic at face value of Rs. 100/share. Out of 1,50,000 units, 3,000 units of shares was reserved for the bank employees. The issue manager for the IPO was NIDC Capital Markets, Kamal Pokhari, Kathmandu.
Anyway here are the links to check result online or download it.
■Download IPO Result of Udhyam Bikas Bank (Courtesy: NIDC)
■Download IPO Result of Udhyam Bikas Bank (Courtesy: Jamb)
■Check Online IPO Result of Udhyam Bikas Bank
There was total of 59634 applicants including 25 staffs and 73 invalid applicants. Total applicants had applied for 6834140 units of share however only 8731 applicants hold the right in the bank with 150000 units of share including staff applicants. The IPO is allotted in 40 days of its closing period. This is because of the SEBON provision with less than 100000 applicants must allot within 40 days.
Tuesday, January 26, 2010
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