Himalayan Bank Limited conducted the allotment of its Further Public Offering (FPO) on the morning of Shrawan 13 at its central office in Kamaladi. The FPO was open for subscription from Ashar 31 to Shrawan 4, during which the bank issued 9,250,469 shares at a price of NPR 157 per share — including a face value of NPR 100 and a premium of NPR 57.
A total of 1,825,922 applicants had applied for 38,591,160 shares in the offering. Out of these, applications from 1,704,273 individuals were approved, while the rest were rejected due to various reasons.
Since the number of applications exceeded the available shares, the allotment was carried out through a lottery system. As a result, 925,046 applicants received 10 shares each. The remaining 9 shares were then distributed among applicants who had applied for 20 shares, with 9 lucky individuals receiving one additional share each, bringing their total allotment to 11 shares.
How to Check Himalayan Bank FPO Allotment Result
Applicants can check their FPO allotment status through the following platforms:
Citizens Capital Limited – Citizens Capital
CDSC IPO Result Portal – iporesult.cdsc.com.np
Mero Share Account – meroshare.cdsc.com.np
To view the result, applicants must enter their DP ID, BOID, and other required details.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
