Aankhu Khola Hydropower Company concludes IPO allotment today; 11 Kartik 2075. The IPO was issued from 23 Ashoj to 26 Ashoj 2075.
As per civil capital, only 5 staff & 83,316 valid applications were received for issue from public. 61 applicants were invalid. Unsubscribed 27461 staff shares are allotted for public.
The company has allotted 10 units for all valid applicants & again allots 10 units through lottery.
Among valid applicants, 47,400 applicants allotted 20 units & 10 units for 35,916 applicants. 5 staff allotted with 59 units.
Out of 13,76,020 units of shares floated the company had allocated 68,801 units for existing mutual funds, 27,520 units for employees of the company.
The issue was managed by Civil Capital Markets limited.
After the IPO issuance, its paid up capital will reach to Rs.80 crore.
