Mount Everest Power Development Limited is preparing to complete its IPO allotment by Asar 17, with 142,760 applicants expected to receive shares.
Mount Everest Power Development Limited is set to complete the allotment of its initial public offering (IPO) issued to the general public next week.
According to the issue manager NIMB Ace Capital Limited, the company is preparing to finalize the IPO allotment by Wednesday, Asar 17.
The company had issued a total of 14 lakh 27 thousand 600 shares to the general public from Asar 3 to Asar 8.
Following the allotment, 1 lakh 42 thousand 760 applicants are expected to receive shares, while the remaining applicants will not receive any allocation due to oversubscription.
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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