Mathillo Mailun Khola Jalvidhyut Limited conducted its Initial Public Offering (IPO), releasing 12,84,200 unit shares to the public from the 18th to the 22nd of Ashwin, 2080.
Out of a total of 15,09,200 units, 1,50,000 units were exclusively available to Nepalese citizens working abroad, and 75,000 units were allocated to mutual funds. The remaining 12,84,200 units were open for the general public.
Sanima Capital served as the appointed issue manager for this IPO, and applicants could apply for a minimum of 10 units and a maximum of 10,000 units.
Highlights:
- Ghorahi Cement Industry IPO Oversubscribed as Public Shows Strong Interest
- Shuvam Power IPO has received Rs. 1.51 Arba from 13.64 lakh applicants as of the last day.
- Mathillo Mailun Khola Jalvidhyut IPO Allotment Concluded; 128,420 out of 11,85,642 Valid Applicants Get 10 Units Each
- Last Day to Apply for IPO of Reliable Nepal Life Insurance; Oversubscribed 1.56 Times from 12.55 Lakh Applicants
- IME Life Insurance IPO Oversubscribed 1.4 Times with 10.84 Lakh Applicants