Samaj Laghubitta to issue IPO from August 20

Aug 12, 2020 09:49 AM Merolagani

Samaj Laghubitta is set to issue initial public offering (IPO) from August 20. The company is issuing primary shares worth Rs 8.6 million to the general public.

The company will issue 86,000 units of primary shares having face value of Rs 100. Out of the total offered shares, the company has allotted 5 percent to mutual funds and another 5 percent to employees. The general public can apply for the remaining 80,700 units of shares.

The issue will close early on August 24 and lately on September 3. The interested applicants can apply for a minimum of 100 and maximum of 5,000 units of shares.

They can apply from its issue manager Siddhartha Capital as well as all C-ASBA approved BFIs and through meroshare software.

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