Sanigad Hydro Limited IPO Allotment Concludes: Lucky 4,67,400 Applicants Allotted 10 Units Each via Lottery System
Summary
Sanigad Hydro Limited concluded its IPO allotment, with 4,67,400 applicants allotted 10 units each via a lottery system. The company issued 46,74,000 units to the general public and upgraded its issuer rating to BB-.
Key Points
- Sanigad Hydro Limited concluded IPO allotment with 4,67,400 applicants allotted 10 units each through lottery.
- The company issued 46,74,000 units as an IPO from 18th to 21st Jestha, 2083.
- Sanigad Hydro's issued capital totals Rs. 2.85 Arba, with 30% (85,50,000 units) issued to the public.
- The IPO received 27,27,515 valid applications for 2,97,50,210 units and 27,729 applications were disqualified.
- ICRA Nepal upgraded the issuer rating of Sanigad Hydro Limited to BB- from B+.
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