Trade Tower Limited has credited shares to investors’ demat accounts following IPO allotment, with share trading to commence on NEPSE soon after listing.
Trade Tower Limited has distributed its issued shares to the demat accounts of investors. CDS and Clearing Limited (CDSC) credited the shares on Sunday evening to those investors who were allotted shares through the IPO.
The company’s shares will now be listed on the Nepal Stock Exchange (NEPSE). Trading of Trade Tower Limited shares under the symbol “TTL” will begin from the day after the shares are officially listed on NEPSE.
Trade Tower Limited’s IPO allotment was conducted by Laxmi Sunrise Capital on Asar 1. The company had issued 3,296,505.19 shares to the general public from Jestha 14 to 20. A total of 2,074,285 applicants applied for 24,117,480 shares, with 329,650 applicants receiving shares through a lottery system.
Trade Tower Limited has constructed and operates the Trade Tower building in Thapathali, Kathmandu. Additionally, it has completed and operates the “Janata Residency” apartment in Bhaisepati and the “Hotel Crystal Pashupati” in Gaushala.
This article was originally published on https://bajarkochirfar.com Translated with the help of AI and reviewed by our editorial team.
