Bungal Hydropower’s IPO allotment, how to check results ? – Bajarko Chirfar English

Bungal Hydro Limited is expected to publish its IPO allotment result on Thursday after completing the pre-allotment process earlier this week.

Bungal Hydro Limited will publish the result of its IPO allotment within this week. According to the issue manager Himalayan Capital, the pre-allotment process was completed on Monday. As Wednesday has been declared a public holiday, the IPO allotment is now expected to be finalized and published on Thursday.

The company had issued 17,01,500 units of shares to the general public between Bhadra 16 and Bhadra 19, 2082. CDS and Clearing Limited reported that the IPO attracted applications from 22,53,254 investors for a total of 2,52,70,260 units of shares. The subscription was oversubscribed by approximately 14.85 times compared to the offered quantity.

Once published, investors can view the IPO result through the website of Himalayan Capital, the CDSC IPO Result portal, or their Mero Share account. To check the allotment, applicants need to enter their DP ID and other required details.

This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.