Super Madi Hydropower Allots IPO

Feb 06, 2023 10:37 AM Merolagani

Super Madi Hydropower has allotted its recently issued initial public offering (IPO) today, on February 6 in the premises of Sanima Capital, issue manager for the company.

The company issued 1,743,000 units of ordinary shares from January 23-26.

In the issue, 1,298,693 valid applications seeking 14,446,560 units of shares were received. Out of the total applicants, 174,300 applicants were provided 10 units of shares through lottery.

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