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

Bungal Hydropower Limited will allot its recently issued IPO for additional public investors today at 9:30 AM, managed by Himalayan Capital Limited.

Bungal Hydropower Limited has confirmed that the allotment of its Initial Public Offering (IPO) issued to additional public investors will take place today. The allotment process is scheduled for 9:30 AM and will be managed by Himalayan Capital Limited.

The company had opened the IPO subscription for additional public investors from Bhadra 16 to Bhadra 19, 2082. During this period, Bungal Hydropower issued a total of 17,01,500 units of shares.

According to the data, only 1,70,150 investors will receive shares from this issuance. Each eligible applicant will be allotted 10 units on a proportional basis. This ensures fair distribution among the oversubscribed applications.

With this allotment, Bungal Hydropower has completed the process of issuing shares to additional public investors.

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