Kathmandu. Sopan Pharmaceuticals Limited has distributed the IPO issued to the general public. The sales manager, NMB Capital Limited, distributed the IPO this morning. The company had opened the IPO sale of 34 lakh 74 thousand 900 shares to the general public from May 3rd to May 8th at the rate of Rs. 100 per share. Out of 27 lakh 68 thousand 743 applications received throughout the sale period, only 27 lakh 30 thousand 987 applications were accepted.

After more applications than the demand, the IPO has been distributed through the round robin method. In the allotment, 3 lakh 47 thousand 490 lucky applicants have got shares at the rate of 10-10 shares, while all the remaining applicants have been left empty-handed.