The IPO allotment of Terhathum Power Company Limited at the office of issue manager NIBL Ace Capital Limited, Lazimpat. 

Terhathum Power Company Limited had issued 8,00,000 units worth Rs 8 crore as Initial Public Offering to the general public from (Bhadra 9-13, 2078). 

As per the allotment module, a total of 74,400 applicants were allotted 10 units each via lottery, and the remaining 22,72,227 applicants were returned empty hands. 

The issue had received applications from 23,46,627 valid applicants who had applied for a total of 2,92,69,640 units. The issue was oversubscribed by more than 39.34 times. 

The CEO of the company extended his gratitude for the general public's enthusiastic participation in the public issue.

The IPO result can be accessed by iporesult.cdsc.com.np, https://niblcapital.com, and http://meroshare.cdsc.com.np.