Kathmandu. The Initial Public Offering (IPO) of Mount Everest Power Development Limited has been allotted.
The company’s share issue and sales manager, NIMBS Capital Limited, distributed the IPO through a formal program on Friday. The company opened the IPO sale for the general public from June 3rd to 8th. Out of the applications received during that period, 28 lakh 15 thousand 679 applications were approved.
According to the allotment results, 142 thousand 760 applicants have received 10 shares each through round robin. The results of the IPO can be viewed through CDSC’s Meroshare and IPO results system.