The IPO sold by Mahila Laghubitta to the public will be distributed on
Friday, 26th Feb 2021. According to sales manager SBI Merchant Banking, the IPO
is scheduled to be distributed at 8 am on Friday. The IPO pre-allotment of the
company has been completed on Tuesday (February 23) evening.
As per the record, here are more applications than demand in Mahila's
IPO, it will be difficult to get shares. Shares will be distributed through
lottery. A total of Rs 2,34,33,77000 application has been received. That is
65.72 times more than the 375,000 applications issued to the public.
The company had opened IPO sale of 400,000 kitta from Feb 12 to Feb 17.
Of these, 0.5% (5,000 shares) were reserved for company employees and 5% (20,000
shares) were allotted to mutual funds. The remaining 375,000 shares have been
opened to the public.
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