KATHMANDU, Feb 27: The CDS and Clearing Limited (CDSCL) has introduced a dedicated website to publish the results of allotment of the publicly-issued stocks including the initial public offerings (IPO) to enable applicants to easily access the related information.
According to the subsidiary of Nepal Stock Exchange, IPO applicants from now onward can check the allotment results on http://www.iporesult.cdsc.com.np. The new website has high capacity that enables the multiple users access to the information without facing any hassles, reads a press release by CDSCL.
The CDSCL was prompted to launch the dedicated platform following complaints from the investors who were unable to see the IPO allotment results of Mahila Laghubitta on Friday. According to the CDSCL, the overwhelming pressure of the applicants to see the results affected the online stocks transaction platform including Mero Share and e-DIS.
Investors however said that the newly-launched website by the CDSCL is still not accessible easily.