Emerging Nepal IPO Allotment , 51,670 people got 10 Lots Share

Feb Wed 2022 01:21:23

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Emerging Nepal IPO Allotment , 51,670 people got 10 Lots Share

Kathmandu. Emerging Nepal Limited's ordinary share (IPO) has been received by 51 thousand 670 people at the rate of 10 lots. Among the applicants, 51,670 have won the IPO at the rate of 10 lots and 8 of them have won the IPO at the rate of 11 lots.

In the IPO of the company, 2,331,258 applicants had applied for 2,64,30,330 shares worth Rs 2.64 billion. Of the total applicants, 2,552 have had their applications rejected, according to sales manager NIC Asia Capital. According to Capital, 26.4 million 1 thousand 970 lots of IPO was demanded from 23 lakh 28 thousand 206 eligible applicants.

51 thousand 670 people got 5 lakh 16 thousand 700 shares at the rate of 10 lots while the remaining 8 lots were distributed in this way and 8 of them got the shares at the rate of 1/1 lots.