Kathmandu. Prabhu Life Insurance Company's IPO has been allotted. In the distribution, 540,000 applicants have received shares at the rate of 10 lots through a round of voting. Of the total applicants for the IPO, 511,216 have been left empty-handed.

Of the 1,051,216 applications for the company's IPO, 2,169 were rejected, according to the sales management. In the case of those who have duly applied, 5 lakh 9 thousand 47 applicants have been left empty handed.