Kalinchowk Hydropower Limited has fixed the allotment date for its Initial Public Offering (IPO), which was issued to the general public. According to RBB Merchant Banking Limited, the IPO allotment will be carried out on Monday, Baisakh 7, 2083.
The company had issued a total of 684,750 shares for the general public from Chaitra 22 to Chaitra 25, 2082. The IPO received strong participation from investors during the subscription period.
After the allotment process, a total of 68,475 applicants will receive shares, with each allotted investor receiving 10 shares. The remaining applicants will not be allocated any shares due to oversubscription.
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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