Chilime allots 960,000 shares to project-affected locals

The Chilime Hydropower Company on Wednesday allotted 960,000 ordinary shares to 31,123 applicants residing in the area affected by the hydropower project. Chilime had offered 10 percent of its total share issue to the local residents through an initial public offering (IPO). Of the total shares issued, residents of three village development committees (VDCs) subscribed to 180,000 shares at the par value of Rs 100 per share and 156,000 shares at the premium value of Rs 237.70 per share. The company had issued the remaining 624,000 shares to residents of 15 other VDCs. The company had allotted the shares in odd lots to issue shares to all the applicants.

Source:
ekantipur

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Share Allotment Result of Crystal Finance.

The general shares of Crystal Finance Ltd. has been allotted on 27th July 2009 (2066 Shrawan 12). To check your allotment, then click here

Crystal Finance Ltd. had issued 210000 shares as initial public offering from 16th June 2009 to 19th June 2009 (2066 Ashad 2 to 2066 Ashad 5) at Rs. 100 per share. Crystal Shares were Oversubscribed nearly 25 times.According to the IPO Announcement Notice, the IPO release of 210,000 ordinary shares constituted only 30% of the total shares (Total: 7,00,000, Promoters: 70%, i.e. 7,90,000). According to its financial statement published along with the annoucement letter. The company made mere Rs. 29,96,000 profit in FY 062/063, while in FY 064/65 the profit rose to Rs. 1,07,08,000.

Gurkha Development Bank : Right Share Allotment Notice

Gurkha Development Bank Ltd. has allotted its right shares on 17th July 2009 (2066 Shrawan 2)