KATHMANDU, The IPO allotment of Super Khudi Hydropower was completed by Global IME Capital on Sunday.
A total of 128,650 applicants received 10 shares each. The company had offered 1,286,500 shares to the public at Rs 100 per share from February 17 to 23.
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The IPO received applications from 2,620,341 investors for 28,164,850 shares. Out of the total applications, 25,804,700 shares were approved, leaving 2,452,000 applicants without shares, according to the issue manager.
Investors can check the IPO results on the MeroShare and CDSC websites. CARE Ratings Nepal assigned the company an issuer rating of “CARE NP BB,” indicating a moderate risk in fulfilling its financial obligations.
