Sopan Pharmaceuticals' IPO will be distributed tomorrow, 347,000 will get shares
Kathmandu. The IPO of Sopan Pharmaceuticals Limited will be distributed tomorrow. NMB Capital, the company's sales manager, has prepared for the IPO distribution on Thursday morning at 9 am. 29 lakh 14 thousand 443 people applied for the IPO. The company issued a total of 34 lakh 74 thousand 900 shares to the general public.
As the IPO received significantly more applications than the demand, now the shares will be distributed according to the guidelines for allotment of securities. Out of the total applicants, only 3 lakh 47 thousand 490 people will get shares at the rate of 10 shares. It is seen that the remaining 25 lakh 66 thousand applicants will be left empty-handed.
Express
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