The IPO allotment of Terhathum Power Company Limited is concluded today at the
office of issue manager NIBL Ace Capital Limited, Lazimpat.
As per
the allotment module, a total of 74,400 applicants were allotted 10 units each
via lottery, and the remaining 22,72,227 applicants were returned empty hands.
The company had issued a total of 800,000 shares at a price of Rs 100 per unit. Of them, 5 percent or 40,000 units are set for collective investment funds and 2 percent or 16,000 units for the employees of the company. The remaining 744,000 units are for the general public. The company had also issued 400,000 units of shares to the locals of the project-affected area.
The company’s capital which stands at Rs 280 million at the moment is estimated to increase to Rs 400 million after the IPO is issued.
HOW TO CHECK IPO RESULT ?
Investors can view the result of Terhathum Power company IPO through various mediums. These are:
1. CDS and Clearing Limited (CDSCL) IPO website [ LINK HERE ]
2. Mero Share Application Report [ LINK HERE ]
3. Issue manager Company website : NIBL Ace Capital [ LINK HERE ]
