The company issued 1,845,000 units of ordinary shares from January 5-8.
In the issue, a total of 1,830,857 applicants have applied for 23,202,540 units of shares. The issue was over subscribed by 12.58 times.
Out of total applications, 8,452 applications were cancelled while 1,822,405 applications were approved.
Given that, the issue is oversubscribed, the allotment took place through lottery as per Securities issuance and Allotment Guideline under which 185,500 applicants were provided 10 units of shares.