Suryakunda Hydro Electric Limited has completed the allotment of its Initial Public Offering (IPO) for the general public. Managed by Kumari Capital Limited, the allotment was finalized on Falgun 05, 2082. Out of 24.52 Lakh total applicants, 24.11 Lakh were found valid for the allotment process.
The company distributed 5.72 Lakh kitas through a lottery system due to high demand. A total of 57,243 lucky applicants received 10 kitas each, with one person receiving an additional single kitta from the remaining shares. The issue was open for subscription from Magh 18 to Magh 21, 2082.
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