The IPO allotment of River Falls Power Limited (RFPL) is concluded today at the premises of the issue manager Prabhu Capital Limited, Kamaladi, Kathmandu.
River Falls Power Limited (RFPL) had issued 27,30,000 units worth Rs 27.30 crore as Initial Public Offering to the general public from (Baisakh 28-Jestha 4, 2078).
Out of the offered 27,30,000 units; 2% of the total offered shares to the general public i.e. 54,600 units have been set aside for the employees of the company and 5% of the total offered shares to the general public i.e. 1,36,500 units have been set aside for the mutual funds. The remaining 25,38,900 units are for the general public.
The issue had received applications from 18,05,440 valid…
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