Swastik Laghubitta Bittiya Sanstha Limited has announced that the lock-in period for shares held by Mutual Funds will conclude on Falgun 11. Following the end of this period, a total of 11,550 units of shares will become eligible for trading in the secondary market.
Details on the Expiry of Lock-in Period
The six-month lock-in restriction for shares reserved for Mutual Funds is set to expire on Falgun 11. Once this period ends, the 11,550 units that were previously restricted will be open for regular trading on the stock exchange.
IPO Issuance and Allotment History
The company had issued 1,95,195 units of shares to the general public from Shrawan 30 to Bhadra 3. The allotment for this Initial Public Offering (IPO) was finalized on Bhadra 12. According to the rules, shares allocated to Mutual Funds are required to be kept in a lock-in period for six months from the date of allotment.
Key Information at a Glance:
- Company Name: Swastik Laghubitta Bittiya Sanstha Limited
- Lock-in Expiry Date: Falgun 11
- Shares Becoming Tradable: 11,550 units
- IPO Allotment Date: Bhadra 12
- Lock-in Duration: 6 Months
Investors and stakeholders should note that after Falgun 11, these institutional shares will add to the floating supply of the company’s stock in the market.
Disclaimer: This news is originally written in Nepali, translated with the help of AI and editorially reviewed.