Mabilung Energy’s IPO allotment, how to check results? – Bajarko Chirfar English
Mabilung Energy Limited will finalize the IPO allotment for the general public on Sunday, Bhadra 8, as confirmed by issue manager Laxmi Sunrise Capital.
Mabilung Energy Limited has confirmed that the IPO allotment date has been set for Bhadra 8 (Sunday). According to the issue manager, Laxmi Sunrise Capital, the pre-allotment process was already completed on Thursday.
By the final application day, the IPO had attracted applications worth NPR 2.66 arba 67 lakh 17 thousand, with 23,25,256 applicants requesting a total of 2 crore 66 lakh 67 thousand 170 shares.
Out of this, 124,890 applicants will receive 10 shares each, while four applicants will receive 11 shares each. Nearly 22 lakh applicants will remain empty-handed due to oversubscription.
Mabilung Energy had received approval on Asar 1 to issue 18,90,530 ordinary shares at a face value of NPR 100 each. In the first phase, shares were allotted to local residents and Nepalis working abroad, while the remaining 12,48,904 shares were offered to the general public.
How to Check IPO Result?
The IPO results of Mabilung Energy Limited can be viewed through the following platforms:
Laxmi Sunrise Capital – || LS Capital Limited
CDSC IPO Result Portal – iporesult.cdsc.com.np
Mero Share Account – meroshare.cdsc.com.np
Applicants can check the allotment result by entering their DP ID and other details on the respective portals.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
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