Swastik Laghubitta IPO: Foreign Employment Investors Await Share Allocation!
Are you one of the many Nepali individuals working abroad who applied for the Swastik Laghubitta IPO? Get ready! The highly anticipated IPO share allocation for foreign employment applicants is set to take place this Friday!
Nabil Investment, the issue manager, announced that the pre-allotment process was successfully completed on July 28th. This means the final steps are underway for the IPO share distribution.
Swastik Laghubitta initially offered 23,100 units of shares specifically for Nepali citizens engaged in foreign employment. The IPO was open for subscription from July 12th to July 24th. The response was overwhelming, with 67,329 applicants submitting applications for a staggering 1,037,000+ units of shares. However, four applications were unfortunately rejected.
Now, the remaining applicants will participate in a lottery system. A lucky 2,310 individuals will each receive 10 shares. This IPO distribution is a significant event for investors looking to enter the Nepalese stock market.
Following the share allocation for foreign employment applicants, Swastik Laghubitta plans to launch the IPO for the general public. Stay tuned for further updates and information on how to participate in the next phase of this exciting IPO. Don’t miss out on the latest stock market opportunities! Keep checking back for more investment news and financial updates! This is a great chance to start your investment journey!
