The allotment of the Further Public Offering (FPO) of Vijaya Laghubitta Bittiya Sanstha Limited has been completed. The allotment was carried out at the office of the issue and sales manager, NMB Capital.
The microfinance company had issued 466,817 shares at a face value of Rs 100 per share. A total of 2,199,026 applicants applied for 25,041,000 shares. Among them, 2,196,034 applications were approved, while the remaining applications were rejected.
As the issue was oversubscribed, shares were allotted through a lottery system. Under this process, 46,681 applicants received 10 shares each. The remaining 7 shares were distributed among the same applicants, with 7 investors receiving 1 additional share each, meaning they were allotted 11 shares in total.
How to Check the FPO Result
Applicants can check the allotment result through the following platforms:
To view the result, applicants need to enter their DP ID and other required details on the respective platforms.