Kathmandu. Om Megashree Pharmaceuticals’ IPO has been allotted today, Tuesday. The IPO has been allotted at the office of the securities sales manager Prabhu Capital. The IPO allotment program was scheduled for 9 am.
The company had opened the sale of a total of 1.62 million IPO units with a face value of Rs 100 to the general public in the second phase from Falgun 27 to Chaitra 3. Of which 54 thousand units were allocated to company employees and 90 thousand units to collective investment funds. The remaining 1.476 million units have been applied for by the general public.
According to Prabhu Capital, 2 million 56 thousand 576 applicants have applied for 2 crore 45 lakh 29 thousand 590 units of shares in this IPO. Of which, 21,128,240 shares from 1,848,298 applicants have been accepted. The remaining 3,247,350 shares from 2,827,278 applicants have been rejected.
This IPO has been distributed through a lottery system due to the oversubscription. Of which, 1,47,600 lucky applicants have received shares at the rate of 10 shares. Out of the accepted applicants, 1,7698 have been left empty-handed.
The final results of Om Megashree Pharmaceuticals’ IPO will be made public shortly. Applicants can view the final results on the websites of the underwriters Prabhu Capital and the IPO issuing company Om Megashree Pharmaceuticals, as well as on CDSC’s Mero Share and iporesult.cdsc.com.np.
