Showing posts with label IPO allotment Module of Ridi Hydro Power. Show all posts
Showing posts with label IPO allotment Module of Ridi Hydro Power. Show all posts

Friday, March 28, 2014

Ridi Hydro IPO allotment Module. All investors fall in lottery system.

Kathmandu, March 28
Probably for the first time in the history of share market of the country, the issue managers have decided to put both groups of investors under the lottery system while allotting the Initial Public Offering (IPO) of Ridi Hydropower Development Company Limited.

The allotment will most probably be held on April 1, 2014.

As per the knowledgeable sources, those who applied up to Rs 42,000 under the