Ghorahi IPO time extended even though it’s fully subscribed, WHY?

Ghorahi IPO time extended even though it’s fully subscribed, WHY?

Ghorahi IPO is fully subscribed 1.4 times as of yesterday(today is closing).. but it has been extended for 14 days, why?? Something fishy??

My hunch that promoters applied for large quantity seems to be true.. around 2.8 lakh people have applied till now, they want 6.9 lakh people to apply 10 kitta so that promoter don’t have to buy those shares.


View on r/NepalStock by kornholic


7 Comments

  1. this sounds like manipulation or something shady. glad i didn’t fill the ipo.

  2. I have been asking this alot is there any way to cancel my IPO application and unverified huda ta bank ma vako amount vanda dher ko IPO apply garda afai cancel hune raixa but verified application laai chai kasari cancel garne ho??

  3. According to CDSC, 445,890 applicants have applied for a total of 17,255,250 units. Thus, the issue is already oversubscribed by 2.49 times so far. Sources share sansar

  4. Yea, it is possible. Like, I can apply for 10 lakhs kitta for IPO despite not having the money and it would be counted by CDSC despite being unverified and getting rejected afterwards.

  5. I thought the same, people used to complain about khel in shivm, ghorai ma ta next level khel hudai cha.

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