Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB) has finalized the share allocation for its Follow-on Public Offering (FPO) on Baishakh 7. Managed by Nepal SBI Merchant Banking Limited, the FPO received massive investor interest, leading to an oversubscription resolved through a lottery system.
Key Details of the FPO
How Shares Were Allotted
- General Allotment: 5,129 applicants were allotted 10 shares each.
- Remaining Shares: After distributing 51,292 unit shares, the remaining 2.50 shares were allocated to 3 applicants selected through a lottery. Among them, 2 applicants received 11 shares each, while 1 applicant received 10.50 shares.
How to Check FPO Results
Investors can verify their allotment status through:
- CDSC IPO Result
- Check IPO Result in MeroShare (Demat accounts)
- Nepal SBI Merchant Banking Limited
Wean Nepal Laghubitta FPO Result
About Company:
Wean Nepal Laghubitta Bittiya Sanstha Ltd. (WNLBSL) is a Class ‘D’ microfinance institution established in 2070 B.S. and licensed by Nepal Rastra Bank, i.e, Central Bank of Nepal. It began operations in 2071 B.S. and provides financial services to low-income and underprivileged communities in Sindhupalchowk, Rasuwa, and Nuwakot districts.
