Molung Hydropower IPO Share Allotment

KATHMANDU: The initial share (IPO) of Molung Hydropower Company Limited has been allotted. The IPO distribution was done Friday at the office of sales manager Sunrise Capital Limited.

In the IPO of this company, 226,465 people received 22,64,655 shares. Among those who got IPO, five people got IPO at the rate of one additional share, while 26,460 people got IPO at the rate of 10 shares.

The result of the IPO can be viewed from the IPO Result website of CDS and Clearing and the website of Sunrise Capital.

The company issued 22 lakh 64 thousand 655 shares of IPO from February 16th to 22th. In the IPO of this company, 14 lakh 24 thousand 351 people applied for 1 crore 55 lakh 79 thousand 800 shares.