KATHMANDU
Pre-allotment of 1.396 million IPO lots of Chandragiri Hills has been completed. Global IME Capital, the sales manager, said that the pre-allotment of the company’s IPO has been completed. At the same time, the Nepal Securities Board will be informed and the shares will be distributed after obtaining the permission of the board.

According to Capital, an IPO allotment has been proposed for Friday.Chandragiri Hills had sold 1.396 million IPOs with a face value of Rs 100 each. The company’s IPO has received 1,251,938 applications for 1,396,022 lots. 139,602 people will get only 10 shares of this company. The remaining 11 lakh 12 thousand 336 people will be left empty handed.