According to the issue manager, the issue was oversubscribed by 11.25 times. A total of 302,192 applicants have applied for 5,569,580 units of shares.
Out of the total applicants, 454 applicants seeking 11,960 units of shares were declared invalid due to faulty applications.
Out of 301,738 valid applicants, 49,525 applicants were allotted 10 units of shares each through lottery while the remaining 252,213 applicants were left empty-handed.
Sabaiko Laghubitta issued 530,000 units of primary shares worth Rs 53 million to the general public from July 17.
Out of the total offered shares, the company allocated 8,250 units to employees and 26,500 units to a mutual fund. The general public could apply for the remaining 495,250 units of shares.
The paid-up capital of the company has reached Rs 165 million after the IPO.
