Mount Everest Power Development Limited is ready to allot its Initial Public Offering (IPO) shares that were issued to the general public.
The issue manager of company, NIMB Ace Capital Limited, is preparing to distributing the IPO shares on Friday, Asar 19.
Details of the IPO Issue
Previously, Mount Everest Power had opened its IPO sale from Asar 3 to Asar 8. During this period, the company issued total of 14 lakh 27 thousand 600 shares for the general public.
After the final allotment is done, only 1 lakh 42 thousand 760 applicants will getting the shares. Unfortunately, the rest of applicants will have to return empty-handed.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
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