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2 crore 49 lakhs share means 24.9 lakhs share recipient.

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2 crore 49 lakhs share means 24.9 lakhs share recipient.

If 10 shares allotted, this IPO will have 24.9 lakh share holders. But highly unlikely that there will be 24.9 lakh people applying here.

This means highly probable that more than 10 shares allotment possible. Is this safe to buy? How will be ROI for long term?

View on r/NepalStock by authorsuraj

Topics Covered in this post:
Share | Crore | recipient | means | Lakhs | IPO/FPO
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