Kathmandu. Palpa Cement Industries Limited IPO has been allotted.
Nabil Investment Banking Limited is the issue manager for the IPO issuance.
The company had issued 4.5 million units of shares at a face value of Rs 100 per share to the general public from February 26 to 29.
A total of 2,413,517 applicants had applied for 2,63,10,970 units of shares. Out of them, 2,376,705 applications have been approved while the remaining applications have been rejected.
A total of 4,50,000 applicants have been allotted 10 units of shares each.
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