IPO of Panchthar Power Company is oversubscribed by 2.15 times till today, closing date. It is floating IPO to general public from 16 Falgun 2075.
As per Sanima Capital, total 81,810 applicants has applied for 35,01,870 units of share at the till today, closing date, 2:30 PM. It has collected Rs.35.01 crore for IPO.
As per latest IPO allotment guidelines, all applicants will get minimum 10 units each and some applicants will get more than 10 units
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.
Currently, its paid up capital is Rs.77 crore.
