KATHMANDU: Madhya Bhotekoshi hydropower company has distributed initial public offerings (IPOs) today.
Global IME, the issue manager, has distributed primary shares to 819,000 subscribers at the lot of 10 shares each.
As many as 2,390,218 applicants had applied for IPO worth Rs 3,418,329,000. Of them, 95,722 applications have been invalid. Remaining 2,294,496 applications have been declared valid.
The company had issued 15,000,000 units of IPO from October 6 to 11.
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