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Lumbini Energy Company’s IPO divided, 2,07,528 applicants receive shares

Lumbini Energy Company’s IPO divided, 2,07,528 applicants receive shares

KATHMANDU

The IPO of Lumbini Energy Company has been divided. The IPO of the company was divides on Tuesday, Mangsir 5.

According to the sales manager, 207,523 people applied for 10 shares and 5 people applied for 11 shares, totaling 207,528 people who received shares.

The company had issued a total of 2,075,285 common shares for general investors from Kartik 16 to 20. In the IPO, 11,605,029 applications were submitted, with 4,602 applications being canceled. MuktiNath Capital has informed us that 1,156,927 eligible applicants have been allotted shares through a lottery system.

The result of the IPO can also be viewed on the sales manager’s website, Lumbini Energy’s website, and the website of CDSC and Clearing.

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