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IPO Result allotment date of Samling Power Company Ltd has been fixed
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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...