The allotment will be based on Securities Issuance and Allotment Bylaws, thus, 31,302 applicants will be provided 10 units while 5 applicants will be provided 11 units of shares.
The issue has been oversubscribed by 21.63 times. A total of 330,151 applicants have sought for 6,772,420 units of shares. Out of the total applicants, only 31,307 applicants will obtain the shares while 298,700 applicants will be left empty-handed.
Ganapati Microfinance Bittiya Sanstha issued 313,075 units of shares to the general public from April 22-25. Out of the total offering, the company allocated 5,167 units to employees and 16,750 units of mutual funds.
