Kathmandu. Bikas Hydropower Company limited has issued an initial public offering (IPO). The ipo of the company has been allotted to sales manager Prabhu Capital today.

Due to more applications than the demand in the IPO, the allocation was done through the practice of shelling. A total of 294,276 applicants had applied for 10 units of shares.

A total of 2,150,672 applicants had applied for 26,148,350 units of shares in the IPO. A total of 2,043,686 applicants were eligible. Of these, the hands of 18 lakh 56 thousand 396 applicants have been empty.

The company had issued 2,942,760 units of IPO to the general public. The results of the IPO can be seen from the website of the sales manager, the website of Vikas Hydro, my shares and the website created to know the results of the IPO.