Mailung khola (River) IPO being distributed? That's what the sales manager says!

Mailung khola

Kathmandu. Malung Khola Hydropower Company Limited

More than 2.1 million people have applied for the IPO.

Disposal and Sales Manager of Siddhartha Capital Limited

As per the last day of the company's IPO 2.1 million

18,925 applicants have applied for 284.41 million 840 lots.

The company paid Rs 73.628 million at a face value of Rs 100 per share

Equivalent to 736,286 ordinary lots

The IPO issue and sale of shares has been opened.

Out of which 2 percent or 14 thousand 726 shares

For the employees of the company and 5 percent or 36 thousand 814 shares

The collective investment fund and the remaining 684,746 lots have been allocated to the general public.

According to the sales manager, the IPO will be scrapped next year

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