The IPO of CYC Nepal Microfinance will be distributed on Thursday, 8 people will get 11 kitta of shares

The IPO issued by CYC Nepal Microfinance will be distributed on Thursday. Global IME Capital, the issue and sales manager, is going to distribute the shares at the Capital office in Naxal on Thursday, April 28 at 9 am.

The company has issued IPO from April 15 to April 20. The company has issued and sold 395,336 ordinary shares worth Rs 395,033,600. The face value of this primary share is Rs. 100 per share. Out of the total issuance, 5 percent which is 19 thousand 766 shares are allocated to collective investment fund and 0.5 percent of issued capital i.e. 6 thousand 82 shares have been secured to the employees. The general public has applied for the remaining 369,488 units.As the company's IPO has received more applications than the demand, the shares will be distributed through round robin. In the IPO, only 36,948 people will get shares at the rate of 10 lots. 8 of them will get 11 lots of shares. The rest of the applicants will not get primary shares.

Applicants can view their result in different sites. At the time of result, there may be some difficult to check the result due to the huge website traffic.

We can view the result from three different sites. The websites from which we can check the IPO result of CYC Nepal Laghubitta are given below:

CYC Nepal Laghubitta B. S. L	Global IME Capital Limited
IPO result websites	CDSC IPO result

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