NIBL Ace Capital, the issue manager for the IPO issuance of Chautari Laghubitta Bittiya Sanstha Limited, has concluded the allotment of 600,000 shares which was held at NIBL Ace Capital premises in Kathmandu on December 14.
Out of 600,000 kitta, 9,300 kitta was allotted to employee of Chautari Laghubitta Bittiya Sanstha Limited, 30,000 kitta was allotted to mutual fund and 5,60,700 kitta was allotted for general public through lottery. After the IPO issuance, the company reached the paid-up capital of Rs. 18.60 crores from Rs. 12.60 crores.