The date for the allotment of the initial public offering (IPO) issued by Kalinchowk Hydropower Limited for the general public has been fixed. RBB Merchant Banking Limited is preparing to conduct the share allotment this coming Monday, which is Baisakh 7.
Details of Share Issuance and Distribution
The company had opened the sale of a total of 6 lakh 84 thousand 750 shares to the general public from Chaitra 22 to Chaitra 25. According to the distribution plan, 68 thousand 475 applicants will receive 10 shares each. The remaining applicants who applied for the IPO will not be assigned any shares from this issuance.