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Monday, July 27, 2009

Share Allotment Result of Crystal Finance.

The general shares of Crystal Finance Ltd. has been allotted on 27th July 2009 (2066 Shrawan 12). To check your allotment, then click here

Crystal Finance Ltd. had issued 210000 shares as initial public offering from 16th June 2009 to 19th June 2009 (2066 Ashad 2 to 2066 Ashad 5) at Rs. 100 per share. Crystal Shares were Oversubscribed nearly 25 times.According to the IPO Announcement Notice, the IPO release of 210,000 ordinary shares constituted only 30% of the total shares (Total: 7,00,000, Promoters: 70%, i.e. 7,90,000). According to its financial statement published along with the annoucement letter. The company made mere Rs. 29,96,000 profit in FY 062/063, while in FY 064/65 the profit rose to Rs. 1,07,08,000.

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