Sagarmatha Hydropower Company allots 4.36 lakh unit ordinary shares to project-affected locals and migrant Nepalese workers

Sagarmatha Hydropower Company has allotted its 4.36 lakh unit ordinary shares to the project-affected and Nepalese migrant workers on Falgun 25, 2079.

In the project affected category, those who applied between 10 units to 3000 units received the total quantity as demanded, while those applying between 3150 to 10000 units received 3080 units, and an additional 49 received 10-unit shares in the lottery.

In the case of migrant Nepalese workers, those who applied between 10-to-30-unit shares received as per the demand, those between 40 to 5000 units received 30 units, and additional 6832 lucky ones received additional 10 units, as per the media statement.

One can find the IPO results on the official websites of Prabhu Capital and NCHL, as per the media statement.