know about sunrise bank ipo

[raj2]

i want to know about sunrise bank ipo allocated time

[smriti shrestha]

I think its 90 days after closing

[NEWONE]

so tell us what is exact date. We will be glad if you tell it.

On Jul 7, 7:23 am, raj2 <regmira...@gmail.com> wrote:

[Tilak Acharya]

Hello Smriti Ji,

It seems that you are not updated with the Securities rules, guideline.

For your kind information, as per the Section 24 (1) of "Securities Issue Guidelines-2065", that is implemented from 2065-12-09,
Company must do allotment on the basis of number of applicants:

# of applicants                                Max. time for allotment

Up to 100,000                                 40 days
100,001 to 200,000                          50 days
200,001 to 300,000                          60 days
Above 300,000                                 70 days

And as per this guidelines, Sunrise's IPO must be allotted before 16-Jul-09 (70 days from the application closed).

I suggest you to be sure before commenting and/or suggesting anything.

Thank you.

--
Tilak Acharya

[Gurung Rum]

may b within this week.....  according to 2 the nepseguide.com

 

http://www.nepseguide.com/2009/07/06/sunrise-ipo-result-hysteria-this-week-07th-july-09-10th-july-09.html

 

thx...

On Tue, Jul 7, 2009 at 11:23 AM, smriti shrestha <smrit...@gmail.com> wrote:

--

[Tilak Acharya]

Hello raj2,

The last date for the Sunrise Bank's allotment time is 16-July-09 as per the recent SEBON's guidelines (i.e. maximum of 70 days from the application closed). So the allotment will be expected to be before the 16-Jul-09.

Thank you.

On Tue, Jul 7, 2009 at 8:08 AM, raj2 <regmi...@gmail.com> wrote:

i want to know about sunrise bank ipo allocated time

--
Tilak Acharya