Vibor Bank's Share Allotment Result

The general shares of Vibor Bikas Bank Ltd. are going to be allotted today on 2nd August 2009 (2066 Shrawan 18). NMB, the issue manager, along with the Vibor Bank authoratives have just arrived at Hotel Annapurna, Durbar Marg. They are planning to reveal the result today.The result will be published soon. So keep on watching the website.Till now Vibor Bikas Bank's share allotment model has been obtained.
DOWNLOAD VIVOR SHARE ALLOTMENT MODEL

The Bank IPO was oversubscribed nearly 5 times. Vibor Bikas Bank Ltd issued 26,52,000 shares as initial public offering from 10th june 2009 (2066 Jestha 27th). Vibor Bikas Bank Limited (VIBOR), a national level category B financial institution licensed from Nepal Rastra Bank (the central bank of Nepal), commenced its operation from October 4, 2007. VIBOR is promoted by non-interfering, trusting, and open-minded 135 people coming from diverse background. Collectively, the promoters hold 61 percent of the total capital of Rs. 680 million. However, no individual promoter holds more than 3%, the average shareholding is 0.45% and the standard deviation 0.46%. Remaining 39% will be sold to general public. (Courtesy: NEPSEGuide)