NIC Asia Microfinance's IPO allotment, 46,000 received 20 lots

The IPO sold by NIC Asia Microfinance to the public has been distributed. The distribution took place in the office of Sanima Capital, the IPO sales manager of microfinance.

All the applicants for the microfinance IPO have received a minimum of 10 shares, while the lucky 46,579 investors have received an additional 10 shares from the round.

Microfinance had sold 4.43 million shares from July 26 to July 30.

In the IPO issued by microfinance, 4,14,180 investors had applied for the purchase of 23,065,390 shares worth Rs 2.30 billion. Out of which, 397,741 eligible applications have been received, according to Sanima Capital.

You can see the IPO result in my investment shortly.

source :Sanima Capital