Kathmandu. The IPO of Mabilung Energy has been allotted today.
The IPO was kept at the office of Laxmi Sunrise Capital, the sales manager of Mabilung. The IPO was allotted on August 9.
The company had sold a total of 1,248,904 units of shares at a face value of Rs 100 each for the general public from August 11 to August 30. A total of 24,512,530 units of shares were sought from 2,205,871 applicants in the IPO.
Out of the total applicants, 24,412,170 units of shares demanded from 2,197,582 people were approved while 1,360 units of shares demanded by the remaining 8,289 were rejected. The IPO has been allotted through gola system due to more applications than the demand. Of these, 124,890 applicants got 10 units of shares. Out of these lucky applicants, four more have got shares at the rate of 1 unit each.
According to the results of the allotment, the hands of 2,072,692 of the applicants have been vacated.
The final result of this IPO will be announced shortly. The final securities can be viewed by visiting the website of the sales manager and the securities issuing company, as well as my shares and iporesult.cdsc.com.np of CDSC.
