Kathmandu. Mount Everest Power Development Limited has allotted its initial public offering (IPO).
NIMB Ace Capital Limited is the issue manager for the IPO issuance.
The company had opened the IPO to the general public from June 17 to June 22. During the period, 2,815,679 applications were approved.
A total of 142,760 applicants were allotted 10 units of shares through lottery. The IPO results can be viewed through CDSC’s MeroShare and IPO Result System.
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