Sanima Life’s IPO has been allocated to 540,000 people at a rate of 10 lots per person, according to Prabhu Capital, the company’s Sales Manager.
The applicant for the shares can view their IPO results on the Prabhu Capital website and in their MyShare account. The results are also available on the Sanima Life website and the CDS & Clearing website, which was created particularly to display the IPO results.
Employees received 5% of the 6 million shares issued, while the collective investment fund received 5%; the remaining 5.4 million shares were distributed to the general public.
According to Prabhu Capital Limited’s sales manager, around 2 million people applied and were turned down.