Hathway Investment Allots IPO

Aug 10, 2023 10:29 AM Merolagani

Hathway Investment Nepal has allotted a recently issued initial public offering (IPO) in the premises of Global IME Capital, issue manager of the company.

The company issued 292,500 units of shares worth Rs 14.6 million to foreign migrated workers at a face value of Rs 50 per unit from July 20-August 3.

In the issue, a total of 27,236 applicants applied for 1,417,440 units of shares out of which 5 applications were cancelled.

Out of the approved 27231 applications, 14,625 applicants were provided 20 units of shares.

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