The applicants who had applied for 10-70 units of the primary shares have been provided the sought number of shares. Among those, who had applied for more than 70 units, 1,163 applicants were provided additional 10 units through the lottery. Moreover, among those who did not get the additional 10 units, 9 were provided an additional one unit of share through the lottery.
A total of 4,808 applicants had applied for the shares out of which application of 204 was cancelled.
The company issued 306,819 units of primary shares to locals of the affected area from December 2-16. As per issue manager Global IME Capital, the IPO will be allotted in its premises at Naxal, Kathmandu.
The company issued 306,819 units of shares to locals of the affected area in the first phase. In the first phase, the company issued the primary shares to ward no 3,4,6 and 7 of Chandragiri Municipality, all wards of Thankot VDC, ward no 3,4,5,6,7,8 of Mahadevsthan VDC, ward no 9 and 10 of Thaha Municipality of Makwanpur District and ward no 5 of Indrasarawor Rural Municipality.
