Nepal Warehousing Company Limited IPO Result Published; A Guide to Check the Results

The IPO allotment of Nepal Warehousing Company Limited concluded today at the premises of the issue manager, Himalayan Capital Limited, Kathmandu. In this process, a total of 114,125 applicants were allotted 10 units each via lottery, while the remaining 1,077,863 applicants were left empty-handed.

According to the sales manager at Himalayan Capital, the issue received applications from 1,191,988 valid applicants who had applied for a total of 12,656,720 units. The issue was oversubscribed by more than 11.09 times, with 3,661 applicants disqualified who applied for 48,730 units.

The company had issued 1,141,250 unit IPO shares at a par value of Rs 100 to the general public from the 10th to the 13th of Mangsir, 2080.

Investors can check the IPO results on the websites of Himalayan Capital and Mero Share. Additionally, the IPO result can be viewed on the website created by Nepal Warehousing Company, as well as CDSC and Clearing Limited at https://iporesult.cdsc.com.np/.