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    Nepal Breaking NewsNepal Stock ExchangeMailung Khola Hydropower is distributing IPO shares today

    Mailung Khola Hydropower is distributing IPO shares today

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    Announcing its initial public offering (IPO), Mailung Khola Hydropower Company Limited is distributing its to the public today.

    According to the company’s issue manager, the company’s initial public offering (IPO) will be distributed today after the pre-allotment has completed.

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    The initial public offering (IPO) will be distributed at 9 a.m. today at the office of issue manager Siddhartha Capital, according to the issue manager.

    From Thursday, July 29 to Tuesday, August 3, the company issued and sold a total of 736,286 shares (IPOs) with a face value of Rs 100 share during the period.

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    2 percent, or 14,726 shares, have already allocated to the company’s employees, while 5 percent, or 36,814 shares, have been allocated to the collective investment fund, and the remaining 684,746 have allocated to the general public, according to the company’s website.

    2118,925 people have for 284,41,840 lots in the initial public offering (IPO), according to the sales manager.


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