The company issued 4,076,156 units of ordinary shares worth Rs 407.6 million from November 5-9.
In the issue, a total of 2,189,773 applicants applied for 25,381,020 units of shares. Out of total applications, 2,087,320 applications were approved and the remaining were cancelled.
Given that the issue was oversubscribed, the allotment took place as per Securities Issuance and Allotment Guidelines under which 407,615 applicants were provided 10 units of shares through lottery. The remaining six shares were allotted to the allottees making their share count 11.
