Kathmandu. The IPO of Malung Khola Hydropower Company will be distributed on Tuesday. According to sales manager Siddhartha Capital, the pre-allotment of the company's IPO has been completed.
As the pre-allotment is over, the IPO will be distributed at 9 am tomorrow, said Siddhartha Capital. Out of the total number of formally applied, 68 thousand 474 people will get shares at the rate of 10 lots.
The company had sold 736,286 IPOs at the rate of Rs 100 per unit. Out of the total shares, 14 thousand 726 lots were for the employees and 36 thousand 814 lots were for the collective investment fund and the remaining 684 thousand 746 lots were for the general public.