Rastra Utthan Laghubitta IPO Result can be checked here. Clear information about the allotment status of Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULBSL) is given in our article below, please read it carefully. Sales manager NIBL ACE Capital Limited has published the company’s IPO on Thursday Evening 24th February 2022 (12th Falgun 2078). An online portal is available for investors to check / view the results of the Rastra Utthan Laghubitta Bittiya Sanstha.
The distribution of IPO issued by Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULBSL) has been completed today at 3:00 pm. The IPO result distribution work has been completed at the central office of NIBL Ace Capital Limited, the manager of share issue and sale.
According to the IPO prospectus, the refund process of the Rastra Utthan Laghubitta IPO Result will begin on Monday after the share allotment. The credit company IPO result shares to Demat accounts will be done within Tuesday, and the stock is likely to be listed by the next Thursday.
How to check Rastra Utthan Laghubitta IPO Result at Meroshare
As mentioned above, a bidder is advised to log in at the direct Mero share link – iporesult.cdsc.com.np and follow the below-mentioned step by step guide:
1] Login at direct CDSC link – iporesult.cdsc.com.np
2] Select Rastra Utthan Laghubitta IPO;
3] Enter Your Demat application number;
4] Click at ‘View Result’; button
Your Rastra Utthan Laghubitta Bittiya Sanstha Limited allotment status will become available on the computer monitor or on the Smartphone screen.
(Please note the details will only be available once the Rastra Utthan Laghubitta Bittya Limited shares are allotted.)
As there are more applications than demand in the IPO, the Rastra Utthan Laghubitta IPO Result will be distributed by the round-robin method. While distributing through round-robin, 7,44,000 applicants will receive shares at the rate of 10 units.
How to check Rastra Utthan Laghubitta allotment status at NIBL ACE Capital Limited
You can also check the share allotment status on the online portal of NIBL ACE Capital Limited (https://result.niblcapital.com/), the registrar to the issue the IPO result. The registrar is a Sebi-registered entity, qualified to act as such, and it processes all applications electronically, carrying out the allotment process in accordance with the prospectus.
After the issue has been completed, registrars are responsible for updating the electronic credit of shares to successful applicants, dispatching refunds, and attending to all investor-related queries.
- Go to the web portal of NIBL ACE Capital Limited
- In dropbox, select the Rastra Laghubitta IPO whose name will only be populated after the allotment has been completed
- Once the company is selected, you will have to enter either your Boid number, the application number.
- Enter the captcha and click ‘submit’.
- Once you click ‘submit’, the status of your application will appear on the screen. Please ensure the details that you provide are correct. It will show the number of shares you subscribed to and the number of Rastra Utthan Laghubitta IPO result shares allotted to you.
Of the 8,50,000 units offered, 0.5%, i.e. 13,000 units, are set aside for employees of the company and 5%, i.e. 42,500 units, for mutual funds. The remaining 7,94,500 units were available to the general public.
ICRA Rating Nepal has given ICRA NP IR Double BB rating to Rastra Utthan Laghubitta Company Limited in the credit rating for the IPO issue. This indicates that there is a moderate risk in fulfilling financial obligations on time.
Rastra Utthan Laghubitta Limited IPO Details
|IPO Issuing Company Name||Rastra Utthan IPO Result|
|IPO result Date||24th February 2022|
|Issue Manager||NIBL Ace Capital Limited|
|IPO Issue Date||04 Falgun 2078|
|IPO Close Date||08 Falgun 2078|
|Security Type||Common Stock -IPO|
|Initiation of Refunds||28th February 2022|
|The credit of Shares to Demat Account||4th March 2022|
|IPO listing DATE||6th March 2022|
|IPO Face Value||NPR 100|
|Total IPO Share||8,50,000 units|
|The share allocated for mutual Investment||42,500 Units|
|The share allocated for Employers||13,000 Units|
|The total share allocated for individual Investor||7,94,500 Units|
|Total Rejected Applicants||18,198|
|Total approved Applicants||25,50,598|
|Total applied Unit||3,28,20,580 Units|
|Total Allocated Unit||7,94,500|
|IPO Result||IPO Allotment|