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ECONOMY

Jhapa Energy IPO allotment: 47,333 applicants receive shares

A total of 47,333 applicants received 10 units of shares each. The IPO had attracted 1,868,141 applications in total.
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By REPUBLICA

KATHMANDU, Sept 24: Jhapa Energy Limited has completed the allotment of its Initial Public Offering (IPO). The company’s share issuance and sales manager, Himalayan Capital, carried out the allotment on Wednesday.



A total of 47,333 applicants received 10 units of shares each. The IPO had attracted 1,868,141 applications in total.


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The company had issued 473,336 shares to the general public at a face value of Rs 100 per share from Bhadra 20.


Investors can check their IPO results through the Mero Share platform or the CDSC website.






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