Kathmandu. Jhapa Energy IPO has been allotted on Wednesday.
The IPO is being issued at the office of Himalayan Capital, the issue manager for the IPO this morning. The company is issuing the IPO to the general public from September 20. The company had to apply for the IPO till September 30.
The company has set aside 28,514 units for mutual funds at face value of Rs 100 and 11,406 units for employees. The general public can apply for the remaining 4,73,336 units of shares. According to the company, 2,03,51,670 units of shares were sought by 18,68,141 applicants till the last day of the IPO. Out of which, 1,99,54,830 units of shares sought from 1,833,738 applicants have been validated while the remaining 3,96,840 units have been validated from 34,403 applicants.
The IPO was allotted through a lottery as there were more applications than the demand. Out of which 47,333 people got 10 units of shares. Out of the same lucky ones, 6 people got 1 unit of shares each.
The final results of the IPO will be announced shortly. Investors can check the IPO results, the stock issue manager, Himalayan Capital, CDSC’s Mero Shares and Volatility. Amaqa. Yes. You can go to Lou and see it.
