Kathmandu. The IPO of Sopan Pharmaceuticals Company has been allotted. NMB Capital Limited is the issue manager for the IPO issuance.

The company had issued 34,74,900 units of ordinary shares at a face value of Rs 100 each to the general shareholders. A total of 2,730,987 applicants had applied for 2,99,06,520 units of shares.

The IPO of the company has been allotted through a lottery process due to more applications than the demand. A total of 347,490 people have been allotted 10 units of shares of the company.