Shikhar Power Development Company Limited has completed the allotment of its Initial Public Offering (IPO) issued for the general public, with Global IME Capital Limited acting as the share issuance manager.
The company had issued 18,42,600 shares to the public from Falgun 17 to Falgun 26. A total of 26,87,347 applicants applied, of which 26,50,847 were found eligible.
The allotment was conducted through a lottery system, with 1,84,260 applicants receiving 10 shares each, while the remaining applicants were unsuccessful. The “ball number 5” method was used during the draw.
How to Check IPO Results
Applicants can check the IPO result using the following methods:
Applicants need to enter their DP ID and other required details to view the IPO result.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
