IPO Result allotment date of Samling Power Company Ltd has been fixed
IPO Result date of Samling Power Company Ltd has been fixed
About IPO Result allotment of Samling Power Company Ltd:
The distribution of ordinary shares (IPO) issued by Samling Power Company Limited to the public will take place on Tuesday morning at 8:30 am.
Nepal SBI Merchant Banking Limited, the sales manager of the company's share issue, has informed that the IPO, which is open from November 19 to 20, is scheduled to be distributed on Tuesday.
The company had issued 7,30,000 IPOs worth Rs 73 million. Out of the total issued shares, five percent or 36,500 shares have been allotted to the collective investment fund and two percent or 14,600 shares to the employees of the company.
Besides, the general public has applied for 678,900 shares. The company's IPO received 39.67 times more, or 2.265 million 698 applications.
67,890 applicants will get shares at the rate of 10 lots through round robin out of the 269,333,500 lots worth Rs. 2.69 billion. The remaining 2.197 million will not get the shares.
Tip: Make sure that enough balance is in your C-ASBA Bank account before apply IPO. Some bank take charges per share application. Know C-ASBA charge of banks
Total IPO Issue | 7,30,000 Unit | IPO Issue Manager |
Mutual Fund | 36,500 Unit | Nepal SBI Merchant Banking Limited |
Employee | 14,600 Unit | |
General Public | 6,78,900 Unit |
Tip: You can see IPO result of Samling Power Company Ltd Click Here
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