We all know that right shares are not fully subscribed in Nepal especially that of hydropower. When the right shares are not fully subscribed they go into auction. If a company is issuing right share as 1:1 in that case can I apply more than of what I am eligible. I have 100 share of a particular comany and it’s right share is 1:1. In that case can I apply more than 100 right shares? Please do let me know.
View on r/NepalStock by RJManish
Highlights:
- SHEL Right Shares Listed on NEPSE, Auction Managed by Muktinath Capital
- Rawa Energy Development Limited Launches IPO Offering 643,667 Unit Shares for Public Subscription
- Would it be a waste of money to apply for the Upper Tamakoshi right share?
- Workshop on ‘Road to IPO’ Equips Corporate Houses with Legal and Financial Insights
- With a staggering turnover of Rs. 3.362 Arba, the NEPSE Index soared by a whopping 76.64 points.
No
You cannot apply more shares than you are eligible