Bhujung Hydropower Limited’s Initial Public Offering (IPO) allotment is scheduled for tomorrow, Tuesday, Magh 27. The company’s issue manager, Kumari Capital Limited, has planned to conduct the allotment process starting at 9:00 AM.
The IPO, which was open from Magh 12 to 15, received applications from 2,665,174 investors for a total of 30,784,820 shares. Out of these applicants, only 83,000 will receive 10 shares each through the lottery system, leaving 2,582,174 investors without shares.
The company had issued 830,000 shares specifically for general public investors.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
