Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: The IPO allotment of Himalayan Hydropower Limited (HMHL) is concluded today. Himalayan Hydropower Limited (HMHL) had issued 19,68,250 units worth Rs 19.68 crore as Initial Public Offering to the general public from (Ashad 15-19, 2079).
As per the allotment module, a total of 1,83,047 applicants were allotted 10 units each via lottery and further 2 lucky applicants get 1 unit extra and the remaining 14,10,749 applicants were returned empty hands.
A total of 39,365 units were allotted to the staff of the company and 98,413 units were allotted to mutual funds.
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