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.
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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.
