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Hotel Forest Inn’s IPO to be allotted today, more than 22 lakh applicants to be left empty

nabil bank

Kathmandu. Hotel Forest Inn’s initial public offering (IPO) will be issued today.

According to NIC ASIA Capital, the issue manager for the IPO issuance, the IPO will be issued at 9:30 am today.

The company had issued 33,20,000 units of shares at a price of Rs 100 per share from February 6 to 10. Out of this, 2,545,030 applicants have applied for 2,86,93,260 units of shares.

A total of 3,32,000 investors will get 10 units of shares and 2,213,730 will get 10 units of shares in the IPO.

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