Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: The IPO allotment of Upper Solu Hydro Electric Company Limited (USHEC) is concluded today at the premises of the issue manager NMB Capital, Nagpokhari, Kathmandu.
Upper Solu Hydro Electric Company Limited (USHEC) had issued 19,57,500 units worth Rs 19.57 crore as Initial Public Offering to the general public from (Ashad 20-23, 2079).
As per the allotment module, a total of 1,82,047 applicants were allotted 10 units each via lottery and further 5 lucky applicants get 1 unit extra and the remaining 12,64,938 applicants were returned empty hands.
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