Chhyangdi Hydropower IPO collects Rs 3.72 arba from 90,098 applicants till last day; oversubscribed by more than 74 times


    Chhyangdi Hydropower Limited had issued 5,40,000 unit shares worth Rs 5.40 crore as part of its Initial Public Offering (IPO) to the general public from Jestha 14, 2074 till Jestha 18, 2074. The IPO has been oversubscribed by more than 74.13 times till last day.

    As per an official of Global IME Capital, the issue manager for the IPO, “the issue has collected Rs 3 arba 72 crore from 90,098 applications till last day from both regular and ASBA.”

    “The IPO has collected Rs 47.26 crore from regular applications and Rs 1.46 arba from ASBA collections on the last day. 35,200 applicants submitted the application via ASBA forms and 15,500 applicants submitted via regular application forms. It is only tentative data and final data may vary, added the official.

    Source: Sharesansar