Allotment of Sanjen and Rasuwagadhi Concludes Successfully ; Checkout the details

The allotment of Rasuwagadhi and Sanjen hydropower shares have successfully been concluded today. The event took place at 2 PM. 

Sanjen Hydropower

For applicants applying for Sanjen hydropower in the first phase of issue, every valid applicant is allotted with 30 units each. A total of 15, 66,450 unit shares were remained after such allotment, which was allotted to applicants on lottery basis. A total of 1.56 applicants received additional 10 units as per the lottery.

As per the allotment module of Sanjen Hydropower, 12,77,500 units shares have been allotted to the applicants of employees of Institutional promoter group. Applicants applying for 50-140 units are allotted with the units they applied for. However, applicants applying for 150-300 units are alloted with 140 units each. A total of 27,460 unit shares were left after such allotment, which was allotted on a lottery basis, to the applicants applying for 150-300 units. There were a total of 8,873 applicants applying for 150 units and above. 2,746 applicants out of 8,873 are allotted with 10 units, decided through lottery.     

Rasuwagadhi Hydropower

A total of 1,87,878 valid applicants were allotted for the issue of 1.33 crore shares. Out of the valid applications, applicants applying for 50-70 units were allotted with the shares they asked for. Whereas those applying for 80-500 received 70 units each. A total of 6,80,185 remained after such allotment, which was allotted through lottery. Applicants applying for 80 or more units were allotted with the additional 10 units decided through lottery. Again 5 applicants received additional 1 units each.    

The IPO Result can be checked in the given link soon :

http://nepsekhabar.com/iporesult