IPO allotment of Swabhiman Microfinance Bittiya Sanstha has been concluded today, 05 Jestha 2076 at premises of Siddhartha Capital Limited.

As per issue manager, 3,27,486 applicants have applied for 6,024,760 units of shares. Out of total applicants, 230 applicants became invalid.

18,558 applicants are allotted with 10 units of shares through lottery. 7 applicants are allotted with extra 1 units; they get 7 units of shares. Remaining 309,158 applicants became empty handed.

Swabhiman Microfinance had issued 0.5% or 3,093 units for employees, 5% or 9,930 units for mutual funds and remaining 185,587 units for general public.

The issue was open for public from 27 Baishakh to 31 Baishakh 2076. Siddhartha Capital Limited had managed the issue.