Bhujung Hydropower Limited had issued its IPO to the public from Magh 12 to 15. A total of 2,665,174 applicants applied for 30,784,820 units, making the demand 37.09% higher than the shares offered. The company had allocated 8,30,000 units for the general public. Based on the allotment ratio, each 83,000 applicants will receive only 10.10 units, leaving approximately 2.45 million applicants without any shares.
The IPO allotment will be conducted by the company’s issue manager, Kumari Capital, on Magh 27 at 9:00 AM.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
