NESDO Sambridha Laghubitta IPO result|

Update:

The result of Nesdo Sambridha Laghubitta Bittiya Sanstha Limited may come this Tuesday, March 8 as the pre-allotment has been completed today (Sunday). The time for the allotment is set as 1 pm Tuesday, 8 March, various sources have confirmed.

The IPO result of NESDO Sambridha Laghubitta which was said to be out today (Friday) has been postponed for the next week. The pre allotment process is likely to take place this coming Sunday and the results can be expected to be out shortly following the conclusion of pre-allotment process. However, the date for the allotment is not fixed yet.

The IPO results of last three companies had been published sooner than it was expected by the three different capitals as compared to the previous allotment process as of now. So we can expect the same with Global IME Capital which is the Issue Manager of NESDO Sambridha Laghubitta. Therefore, we can hope that there are no further delays and expect the IPO result of NESDO Sambridha Laghubitta Bittiya Sanstha Limited to be out by next week. 

NESDO Sambridha Laghubitta Bittiya Sanstha Limited IPO details

The IPO of NESDO Sambridha Laghubitta was issued from Falgun 11 to Falgun 15 with a total issued units of 7,74,563 for general public. With the total Application of 2,74,26,720 from 23,53,762applicants, NESDO Sambridha Laghubitta IPO has been oversubscribed by 35.41 times. That makes 1 in every 36 applicants will be issued with 10 units and one extra kitta for three lucky applicants. 

So it is better to only apply for 10 units as I have mentioned in my previous article because IPOs are getting oversubscribed by huge margins and is likely to stay so until a company issues IPO with high units. 

ICRA has provided a credit rating of [ICRANP-IR] BB+

Opening range of NESDO Sambridha Laghubitta Bittiya Sanstha Limited

Rs 260.84 - Rs 782.52

Henceforth, Applicants still have to wait until next week for Pre allotment and the result of NESDO Sambridha Laghubitta Bittiya Sanstha Limited IPO to follow up after the conclusion of the process. 

How to check the IPO result of NESDO Sambridha Laghubitta?

Here are the links to check the IPO result of NESDO Sambridha Laghubitta Bittiya Sanstha Limited

CDSC 

Global IME Capital

Meroshare (personal account through the application report but it may take a day or two to get the alloted/not alloted sign)