Mountain Hydro Nepal Limited’s IPO allotment concludes today in the premises of Siddhartha Capital Limited. The issue was open for public from 23 Falgun to 28 Falgun 2075.
As per Siddhartha Capital, 50,954 applicants have applied for 33,96,350 units of shares. 16 applicants became invalid. 50,938 valid applicants have applied for 33,94,810 units of shares. All valid applicants receive 30 units of shares and 23,965 applicants get extra 10 units, meas they got 40 units of shares.
The company had issued 8,320 units for employees, 40,000 units for existing mutual funds and remaining 17,67,790 units for general public.
The issue was managed by Siddhartha Capital Limited.
Paid up capital will reach to Rs.1.25 arba after the IPO issuance.
