As per Issue manager, Siddhartha Capital, applicants seeking 40 units of shares have been provided the desired number of shares. The remaining 236,930 shares have been allotted to 23,693 applicants at the rate of 10 units.
According to the issue manager, a total of 17,107,840 units of shares were demanded from 302,343 applicants which was 1.83 times more than the offered shares.
Rasuwagadhi Hydropower issued 15 percent shares of its issued capital of Rs 6.84 billion. The company issued 10,263,150 units of shares worth Rs 1.02 billion.
Out of the total offered shares, the company allocated 4 percent i.e. 410,526 units to employees and 513,157 units to mutual fund. The general public could apply for the remaining 9,339,467 units.
