Sopan Pharmaceuticals Limited IPO Allotment Concludes: Lucky 3,47,490 Applicants Allotted 10 Units Each via Lottery System
Summary
Sopan Pharmaceuticals Limited concluded its IPO allotment, allocating 10 units each to 3,47,490 applicants via lottery. The IPO received over 27 lakh applications for nearly 3 crore units.
Key Points
- Sopan Pharmaceuticals Limited concluded its IPO allotment at NMB Capital Limited office in Kathmandu.
- The company issued 34,74,900 units to the public, with specific quotas for overseas Nepalese, employees, and mutual funds.
- A total of 27,30,987 valid applications for 2,99,06,520 units were received.
- 3,47,490 applicants received 10 units each through a lottery system in the IPO allotment.
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