Panchthar Power’s IPO has received applications of 512,040 units in the first day of issue open.
As per Sanima Capital, total 11,183 applicants has applied for 512,040 units of share at the first day till 5 PM. It had collected Rs.5.12 crore for IPO.
The company is issuing 17,50,250 unit of shares at the rate of Rs.100 from today to 16 Falgun 2075.
It had allocated 2% or 35,005 units for employees, 5% or 87,512units 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.
Read: How to apply for IPO Shares?
Currently, its paid up capital is Rs.77 crore.
