Him Star Energy IPO Allocation Happening Today! What You Need to Know!
Are you anxiously awaiting the results of the Him Star Energy Company Limited IPO? Well, the wait is almost over! Today, Wednesday, is the big day for the IPO allocation! Get ready to find out if you’ve secured your share of this promising renewable energy venture.
NIC Asia Capital, the issue manager, is set to conduct the IPO lottery today, August 16th, 2024. The Him Star Energy IPO was open for subscription from July 8th, 2024, to July 11th, 2024.
The company offered a total of 773,975 shares to the general public. Because of the overwhelming demand for the IPO exceeding the available shares, the allocation will be determined through a lottery system. This means everyone who applied has an equal chance of winning!
So, what does this mean for you? Based on the allocated shares, approximately 77,397 lucky individuals will receive their IPO shares! Of these, 5 fortunate applicants will get an allocation of 11 shares. The IPO is a great opportunity for investors looking to get involved in the Nepalese stock market.
Previously, Him Star Energy allocated IPO shares to project-affected locals and Nepalese citizens working abroad.
Stay tuned for updates on the IPO results and market performance of Him Star Energy Company Limited. Keep an eye on NEPSE (Nepal Stock Exchange) for the latest stock market news and investment opportunities in Nepal. Good luck to all applicants in the IPO lottery! If you’re looking for more information regarding stock market in Nepal or other IPOs, please visit Nepalese stock market news sites for updates.
