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CYC Nepal Laghubitta IPO Result CDSC
CYC Nepal Laghubitta IPO Result will be published on Baishakh 15, 2079. CYC Nepal Laghubitta IPO Result will be available on Mero Share IPO Result CDSC official page. You can check it after 9:00 AM from Kaamkura. According to this IPO issue manager, this IPO allotment will conduct at the premises of the Global IME Capital, Naxal, Kathmandu, Nepal.
CYC Nepal Laghubitta Sastha had opened the IPO from Baisakh 2 to Baisakh 6, 2079.
This is the first IPO of new year 2079.
According to CDSC Nepal, a total of 22,77,743
applicants have applied for a total of 2,56,88,450 shares for this IPO. As per
this result, this IPO was oversubscribed by 69.52 times. A total of 36,848
investors can receive the 10 units of share. Out of total issues of 3,95,336
shares, a total of 6082 shares were allocated to its employees, and 19,766 shares
were allocated to mutual funds. The remaining 3,69,488 shares will be allocated
to the general public. After this ipo concluded, the company’s paid-up capital will
be Rs.3,95,33,600.
The CYC Nepal
Laghubitta Bittiya Sanstha Ltd. is a leading Microfinance in Nepal. It
was registered on 11 February 2019 as a public company as a class ‘D’ financial
institution with the Nepal Rastra Bank under Act, 2063 and started formal
microfinance operation from 15 March, 2019. CYC Nepal Laghubitta Bittiya
Sanstha previously known as CYC (Chartare Youth Club) which is located in
Samikshalaya Road Baglung.
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