The company had issued 1,190,640 units of shares worth Rs 119 million on September 15-25.
In the issue, a total of 2,227,503 applicants have applied for 24,280,580 units of shares. Out of total applications, only 2,193,823 applications were approved.
Given that the issue was oversubscribed, the allotment took place through lottery under which 119,064 applicants were provided 10 units of shares.
The IPO result can be viewed through https://iporesult.cdsc.com.np/.
