Muktinath Krishi Company Allots IPO

Dec 05, 2023 10:23 AM Merolagani

Muktinath Krishi Company has allotted recently issued initial public offering (IPO) on December 5 in the premises of NMB Capital, issue manage of the company.

The company issued 1,148,000 units of ordinary shares to the general public from November 24 to 28.

Out of the total application received, only 1,274,567 applications were approved.

Given that the issue was oversubscribed, the allotment took place as per Securities Allotment Guideline under which 114,800 applicants were provided 10 units of shares through lottery.

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