KATHMANDU

Chandragiri Hills Limited has decided to give a discount on Chandragiri Cable Car to those who fill the IPO but not alloted. The company’s IPO has been allotted today. A total of 1.216 million 953 people had applied for the company’s IPO.

Of which 5 thousand 838 applications have been rejected and 12 lakh 11 thousand 115 eligible applications have been approved.1 million 71 thousand 515 people have become vacant and out of those who have applied, a total of 1 lakh 39 thousand 602 people have received shares at the rate of 10 lots. Two of them have managed to get 2 more shares or 11 shares.

The company had sold a total of 1.534 million shares at the rate of Rs 100 per share since January 8. Out of which 4 percent or 61 thousand 364 shares have been allotted to the employees of the company and 5 percent or 76 thousand 705 shares have been allotted to the collective investment fund. The remaining 1.396 million shares were distributed to the public. Accordingly, the company has announced a 25 percent discount on Chandragiri Cable Car for those who apply for IPO.