Bungal Hydro Limited IPO Allotment: When Will It Happen?
Are you eagerly awaiting the Bungal Hydro Limited IPO allotment? Well, the wait is almost over! According to Himalayan Capital, the Bungal Hydro Limited IPO‘s pre-allotment was successfully completed on Monday.
The excitement around the Bungal Hydro Limited IPO has been building since the IPO opened its doors for subscription. Investors had the opportunity to apply for shares from August 31st to September 3rd. The company offered 1,701,500 shares to the general public.
The response to the Bungal Hydro Limited IPO was overwhelming. According to CDS and Clearing Limited, a total of 2,527,026,0 shares were applied for by a whopping 2,253,254 investors! This represents an application nearly 14.85 times greater than the number of shares on offer, reflecting the high level of interest in Nepalese IPOs and the stock market.
Due to a public holiday, the allotment date is expected to be finalized on Thursday. This means you can expect the Bungal Hydro Limited IPO results to be released on Thursday! The IPO allotment process involves a lottery system as the demand exceeds the supply.
Keep an eye out for updates on the IPO allotment results! We’ll be providing information on how to check IPO results as soon as they are released. Many investors are also interested in IPO analysis after results are out. Stay informed about the stock market and find out the latest IPO updates.
Good luck to all the applicants! We hope you receive your IPO shares! For more information on how to invest in the stock market and learn about IPOs, stay tuned! We provide the most recent IPO news and market analysis!
