Samling Power’s IPO allotment, 67,890 investors get 10 unit each

KATHMANDU, Aug 10: Allotment of ordinary shares of Samling Power Company Limited Company was concluded on Tuesday. 

The company issued 7,3000 units shares as Initial Public Offering (IPO) to be distributed to the general public, between October 21 and 25.

As many as 2,198,764 investors applied for the shares. Of the total applications, 9,986 were declared invalid. 

Lucky 67,890 investors got 10 units each, according to SSBI Capital, the issue manager.