Chhyangdi Hydropower auction share allocation completed, what is the cut-off price?

Bajarko Chirfar
Bajarko Chirfar
2082 Bhadra 1
Chhyangdi Hydropower auction share allocation completed, what is the cut-off price?

Chhyangdi Hydropower Limited has completed the allotment of 2,98,832 units of unsubscribed rights shares that were auctioned to the general public. The auction application was open from Saun 14 to Saun 21, with bids opened on Saun 27 and the allotment finalized on Saun 29.

According to the issue manager, Global IME Capital Limited, the cut-off price for the auctioned shares has been determined at Rs. 266.20 per share, and allotment was carried out based on this rate.

Applicants who did not receive shares or received only partial allotments will have their refund amounts deposited back to their respective bank accounts starting from Bhadra 1.


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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