Public Issue of "LS Horizon 12" Mutual Fund Scheme Closing From Today
Summary
LS Capital Limited is closing the public issue of its mutual fund scheme "LS Horizon 12" today due to oversubscription. The scheme has received applications for units exceeding the available shares, leading to early closure before the extended deadline.
Key Points
- LS Capital Limited is closing the public issue of the "LS Horizon 12" mutual fund scheme today, 6th Jestha, 2082.
- The issue opened on 30th Baishakh, 2083, and despite the deadline extension to 13th Jestha, it is closing early due to oversubscription.
- Out of 12 crore units, 15% or 1.8 crore units worth Rs. 18 crores are allocated to scheme manager Laxmi Sunrise Bank Limited.
- A total of 37,752 applicants have applied for 123,593,200 units worth Rs. 1.23 Arba so far, exceeding the offered units.
