As per the issue manager, 47,400 applicants have been provided 20 units of shares and 35,916 applicants have been provided 10 units of shares as per the Securities Issue and Allotment Guideline.
Meanwhile, 61 applications seeking 16,280 units of shares have been canceled due to inaccurate information. As per the company, the IPO was oversubscribed by 4.43 times.
Moreover, out of the 27,520 units of shares allotted to employees, only 5 employees have subscribed 59 units of shares. The remaining shares were also allotted to the general public, informed the issue manager.