IPO allotment of Molung Hydropower concludes, Lucky 5 applicants get 11 units each

ipo allotment of molung hydropower

IPO allotment of Molung Hydropower has been concluded today at premises of issue manager Sunrise Capital limited.

As per capital, out of total applicants only 2 lakh 26 thousand 465 applicants get 10units of shares. Out of which luck 5 applicants get extra 1 units each, in total 11 units of share.

Molung Hydropower has floated 34% of issued capital from Falgun 4 to 10.  Company floated total 27 lakh 28 thousand 500 units. After reservation for foreign worker, mutual funds and employees it has issued 22 lakh 64 thousand 655 units for general public.