Nepal SBI Bank FPO concludes; all alottees allotted 10 kitta through lottery
Nepal SBI Bank Limited has allotted its 67,767.87 units FPO shares today at Nepal SBI Merchant Banking Limited, Hattisar on 3:30 PM. All allottees have been allotted exactly 10 kitta FPO shares.
27,107 shares were set aside for retail investors (who applied less than 50 kitta), and 40,660 shares were set aside for other investors (from 60 to 670 kitta). The shares set aside for retail investors was oversubscribed by 55 times and those set aside under other category were oversubscribed by 82 times.