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

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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.