KATHMANDU, Feb 16: The IPO allotment of Hotel Forest Inn has been completed. The allotment was carried out on Monday by the issue and sales manager AIC Asia Capital.
A total of 332,000 applicants have been allotted 10 shares each. The company had issued 3.32 million shares to the public from February 5 to 9. During the period, applications were received from 2,660,452 applicants seeking 29.98 million shares.
Related story
Mabilung Energy allocates IPO shares to 124,890 applicants, 10...
Out of the total applications, 2,371,315 applications were approved, according to the issue manager.
Investors can check the IPO allotment results through the websites of CDSC and Mero Share.
