Solu Hydropower Ltd.’s IPO has been allotted to 820,000 investors, with applications oversubscribed nearly four times. Investors can now check their allotment results online.
Solu Hydropower Ltd. has completed the allotment of its initial public offering (IPO) open to the general public. A total of 820,000 investors have been allotted shares at a rate of 10 shares per applicant, with lucky draw number 2 selected. The company had issued 8.2 million shares to the public at a face value of NPR 100 each, from Poush 29 to Magh 4. By the final day of the IPO, 2,570,422 applicants had applied for 31,708,390 shares, with the total application amount reaching NPR 3,178,039,000, making the IPO 3.86 times oversubscribed.
The share allotment process was completed by the issue managers, Nabil Investment Banking Ltd. and Himalayan Capital. Investors can check their allotment results through multiple channels, including Nabil Investment Banking Ltd., Himalayan Capital, the CDSC IPO Result Portal, or their Meroshare accounts. Applicants need to enter their DP ID and other required details to view their results.
1.Nabil Investment Banking Ltd
3. mero share
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
