Mabilung Energy Limited IPO Allotment Concludes: Lucky 1,24,890 Applicants Allotted 10 Units Each via Lottery System
Summary
Mabilung Energy Limited completed its IPO allotment, allocating shares to 1,24,890 successful applicants via lottery for its 4.95 MW hydropower project in Sankhuwasabha.
Key Points
- Mabilung Energy Limited issued 12,48,904 IPO units worth Rs 12.48 crores to the public.
- The IPO attracted 21,97,582 valid applications for 24,412,170 units.
- 1,24,890 applicants were allotted 10 units each via lottery, with 4 applicants allotted 1 unit each.
- Mabilung Energy Limited is developing a 4.95 MW run-of-river hydropower project in Sankhuwasabha, Nepal.
