Taksar Pikhuwa Khola Hydropower Limited IPO Allotment Concludes: Lucky 30,306 Applicants Allotted 10 Units Each via Lottery System
Summary
The IPO allotment of Taksar Pikhuwa Khola Hydropower Limited concluded, with 30,306 applicants allotted 10 units each via lottery, including shares reserved for Nepalese abroad and local project-affected residents.
Key Points
- Taksar Pikhuwa Khola Hydropower Limited concluded its IPO allotment on Baisakh 04, 2083.
- 35.26% of the company's issued capital, totaling 42,30,668 unit shares, was offered to the public.
- 12,00,000 units worth Rs. 12 Crores were allocated to project-affected locals of Bhojpur district.
- 30,306 applicants were allotted 10 units each, with 7 applicants receiving an additional unit each.
- CARE Ratings Nepal Limited reaffirmed the issuer rating of 'CARE-NP BB+ (Is)' for the company.