Kathmandu, May 23, 2016
Ngadi Power Group Limited has published its allotment for its IPO investors. For investors who had applied from Rs 5,000 or 50 units to Rs 80,000 or 800 units shares was decided through lottery and investors who had applied for Rs 81,000 or 810 units to Rs 90,000 or 900 units get 10 units and remaining investors who applied for Rs 92,000 or 920 units to Rs 50,00,000 or 50,000 units were allotted 1.16 % on pro-rata basis.
Ngadi Power Group had floated its Initial Public Offering (IPO) worth Rs 9.73 crore (9, 73,737 lakh units shares) from Chaitra 21, 2072 till Chaitra 25, 2072. The IPO was oversubscribed by 85.72 times till last day.
