IPO of Panchthar Power Company is oversubscribed by 1.29 times within first 3 days. Tomorrow, last day to apply for IPO shares.
It if floating IPO to general public from 16 Falgun 2075.
As per Sanima Capital, total 50,200 applicants has applied for 21,10,000 units of share at the first 3 day till 5 PM. It has collected Rs.21.10 crore for IPO.
It is issuing 2% or 35,005 units for employees, 5% or 87,512 units of shares for existing mutual funds and remaining 16,27,733 units for general public.
Interested applicants can apply for minimum 10 units & maximum 9,620 units and apply from all the C-ASBA approved BFIs.
Currently, its paid up capital is Rs.77 crore.
