Market Watch, Stock News

Sunrise IPO Result Out – Online/Download/REFUND from 14th July 2009

Published by on July 9, 2009

UPDATE (REFUND DATE): Sunrise Bank, annouced the non.alloted amount will be refunded from coming Wednesday (15th July, 2009), 14th July 2009 The delay in refund is cited due to FY closing. Also there is extra burden of QUATERLY interest caculation and adjustment to individual Saving Accounts.

UPDATE (DOWNLOAD): You can now Download the result !!

UPDATE (CHECK ONLINE): You can now check online the results;

UPDATE (SMS): SMS Result is out !

Follow the procedure below to get the SHARE ALLOTMENT RESULT through SMS.

1. Type SUNRISE ,
eg. SUNRISE 12345

2. Send to 7676

3. You’ll receive the respective notification.

The Sunrise Bank IPO allocation function have just ended in Hotel De Annapurna at Durbar Marg. The meeting hall was full and people were eagerly anticipating the results. Here is the summary of IPO applicants & alloted numbers. Plus the table below is the allotment model followed by NMB to allot the Sunrise Bank Shares. Due to high oversubscription the allotment model has been changed bit with many intervals, Min: 10 shares (Applied: 50 – 80) & MAX: 700 (Applied: 17,010 – 20,000).

  No. of Applicant Applied stocks Applicant alloted(No) Total stocks allotted
Valid Applicant 3,39,574 9,89,58,860 88,854 35,62,500
Staff Applicant 295 1,87,500 295 1,87,500
Disqualified Applicant 4,657 11,73,599    
Total 3,44,526 10,03,19,959    

Following is the allotment model followed while alloting Sunrise Bank IPO.

Allotment Model
Applied shares 50 – 80 90 – 110 120-190 200-240 250-300 310-390
Allotted shares 10 20 30 40 50 50
Applied shares 400-460 470-500 510-600 610-1000 1010-1090 1100-1490
Allotted shares 60 70 80 100 120 140
Applied shares 1500-2000 2010-3000 3010-5000 5010-8000 8010-11000 11010-17000
Allotted shares 160 220 300 400 500 600
Applied shares 17010- 20000          
Allotted shares 700          
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