The company issued 51,292.5 units of ordinary shares worth Rs 5.1 million at a face value of Rs 100 from April 3-8.
In the issue, the company received a total of 1,923,490 applications seeking 22,176,840 units of shares. Out of total applications, 2,523 applications were cancelled while 1,920,939 applications were approved.
Given that, the issue was oversubscribed, the allotment took place as per Securities Issuance and Allotment Guidelines under which 5,129 applications were provided 10 units of shares through lottery. Moreover, 2 applicants were provided additional one unit and one applicant was provided 0.5 unit of share.
