Global IME Capital allots IPO of Himalayan Hydropower to project-affected locals from Madi Gaupalika; 655 valid applicants receive 2.81 lakh unit shares as per their demand

Global IME Capital has allotted the IPO of Himalayan Hydropower offered for the project affected locals of Madi gaupalika in Kaski district.

Out of the total 9 Lakh units floated, the issue had received applications from 678 individuals for 2.84 lakh unit shares where 23 applicants were found to be invalid due to their residence beyond the project-affected wards in the gaupalika. Thus, 655 applicants who applied for 2,81,750 lakh unit shares were found to be valid and were allotted the demanded quantity of shares, as per the media statement.

The allotment result can be accessed via the web portals  www.globalimecapital.com and www.hhpl.com.np.