26,00,000 units IPO shares of Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) have been listed in NEPSE.
The IPO allotment of Rastra Utthan Laghubitta Bittiya Sanstha Limited concluded recently. The company had issued 8,50,000 units worth Rs 8.50 crore as Initial Public Offering to the general public from (Falgun 4-8, 2078).
Out of the offered 8,50,000 units; 0.5% of the issued capital i.e. 13,000 units were set aside for the employees of the company and 5% for mutual funds. The remaining 7,94,500 units were for the general public. The issue received applications from 25,79,402 valid applicants who had applied for a total of 2,93,97,680 units. The issue was oversubscribed more than 37 times. As per the…
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