Mathillo Mailung Allots IPO

Oct 20, 2023 11:00 AM Merolagani
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Mathillo Mailung Khola Jalvidhuyut has allotted a recently issued initial public offering (IPO) on October 20 in the premises of Sanima Capital, issue manager of the company.

The company issued 1,284,200 units of ordinary shares from September 5 to 9. In the issue, a total of 1,190,296 applicants have applied for the shares out of which 1,185,642 applications have been approved.

As the issue has been oversubscribed, the allotment took place as per Securities Issuance and Allotment Guidelines under which only 128,420 applicants have been provided 10 units of shares through lottery.

 

 




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