IPO of women microfinance opened, how many will get it?

 

The IPO sale of women's microfinance financial institution is open from Friday (today). IPO sale of 4 lakh ( 4 hundred thousand) units of microfinance has been opened. Of this, 95,000 shares (0.5 percent) have been secured for the employees of the company and 5 percent (20,000 shares) have been allotted to mutual funds. The general public will be able to apply for the remaining 375,000 shares.

A minimum of 10 lots and a maximum of 1000 lots can be applied for. The IPO of microfinance can be filed till March 20.

Beofre, there have been more applications for IPO than demand, so we have to rely on luck to get an IPO. If the IPO is to be held at the rate of 10 lots, only 37,500 investors will be able to participate in it.

Therefore, women's IPO you can apply for 10 lots in IPO. Nepal SBI Merchant Banking is acting as the sales manager in this IPO

If all the shares are not sold by Feb 14, it will remain open till March 30. Investors will be able to apply through C-ASWA.