Rairang Hydropower IPO allotment to be done tomorrow ; Stay updated with NepseKhabar for the result

Rairang Hydropower IPO allotment is to be done tomorrow. As per the official of NIBL ACE Capital, the ipo allotment date has been finalized for tomorrow. 

The IPO issue commenced from 31st Baisakh and ended on 3rd Jestha, 2075. Rairang Hydropower had floated 8.4 lakh unit shares at a face value of Rs 100. 

Out of the total issue units, 33,600 had been set aside for employees whereas 42000 units for mutual funds. Thus, 7,64,400 units were available for general public. The issued amount was 15% of the total capital. 

Rairang Hydropower Development company had previously issued shares, amounting 10% of the capital, to the locals of panchthar and taplejung district.