Shikhar Power Development Allots IPO

Mar 17, 2026 10:41 AM Merolagani



Shikhar Power Development has allotted recently issued initial public offering on March 17 in the premises of Global IME Capital, issue manager of the company.

The company issued 1,842,600 units of ordinary shares on March 1- 10.

In the issue, a total of 2,687,347 applicants applied for 28,816,990 units of shares out of which 2,650,847 applications were approved, while 36,500 applications were cancelled.

Given that the IPO was over subscribed the allotment took place as per Securities Issuance and Allotment Guidelines, under which 184,260 applicants were provided 10 units of shares.




Gold Price Gains, Silver Loses

Mar 16, 2026 10:42 AM

The gold price has gained while the silver price has declined on March 16.