Kathmandu. The IPO of SY Panel Nepal has been allotted today.
The IPO of the company has been issued at the office of Prabhu Capital, the issue manager of the company. The IPO of the company was opened from November 2 to November 7.
According to Prabhu Capital, the issue manager, the IPO had received a total of 2,53,81,020 units of shares from 2,189,773 applicants till the last day. Out of which, 2,31,78,470 units were accepted from 2,087,320 applicants while 2,28,650 units were rejected from 18,054 applicants.
The IPO has also been allotted through lottery due to more applications than the demand. Out of the total applicants, 407,615 applicants have been allotted 10 units each and 6 applicants have been allotted 1 unit each. Out of the total applicants, 16,79,705 are empty-handed.
The final results of the IPO will be announced shortly. The final result is CDS’s My Share and Volatility. Amaqa. Yes. It can be viewed on the website of Lou and Prabhu Capital.
