• February 23, 2022
Rastra Utthan Laghubitta IPO Result Date

Rastra Utthan Laghubitta IPO Result Date

Rastra Utthan Laghubitta Bittiya Sanstha Limited has concluded the IPO issue for 8,50,000 shares. IPO is oversubscribed over 38.30 times. NIBL ACE Capital Limited was appointed as the issue manager for the IPO. 26,26,090 applicants have applied for a total of 3,04,31,370 units.

Applications can be placed for a minimum of 10 units and a maximum of 1,000 units.

Out of the offered 8,50,000 units; 13,000 units have been set aside for the employees of the company, 42,500 units have been set aside for the mutual funds and the remaining 7,94,500 units are for the general public.

Rastra Utthan Lagubitta Bitiiya Sanstha Ltd. (RULBSL) started its service in 2075. The registered office and headquarter of this National Level Microfinance Bank is located at Sanga, Banepa -13, Kabhre Palanchowk.

Authorized Capital: Rs. 500 million

Issued Capital: Rs. 260 million

Paid Up Capital: Rs. 175 million

After the issuance of the IPO, the paid-up capital of the company will be  Rs. 26 crores and the promoter/public ratio will be 67.31: 32.69.

Promoters of Rastra Utthan Laghubitta Bittiya Sanstha Limited.

S.N. Promoters Number of Shares Amount NRs. ‘000 % of Share
1 NeRuDO 750000 75000000 28.85
2 Rastriya Banijya Bank 550000 55000000 21.15
3 Prabhu Bank 300000 30000000 11.54
4 Individuals Promoters 150000 15000000 5.77
5 General Public 850000 85000000 32.69
Total 2600000 260000000 100%

 

Rastra Utthan Laghubitta IPO Result Date

The early closing date of this issue is on Falgun 8 and if the issue is not fully subscribed till Falgun 8, then it can be extended up to Falgun 18, 2078.

You can check the IPO result from the following websites:

  1. CDSC IPO Portal
  2. MeroShare
  3. NIBL Ace Capital
  4. Rastra Utthan Laghubitta

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