The shares issued by Kalinchok Darshan Limited from January 3rd to January 6th have been distributed to the general public. The company's share issue and sales manager Navil Investment Banking Ltd.'s office is Narayanchaur, Naxal for allotment of shares.
In the IPO of the company, more than the maximum number of applications were submitted for the issuance of securities and the bond fund directory, according to the round robin method, at least 10 shares were distributed.
In the company's IPO, 14 lakh 73 thousand 969 applicants applied for 1 crore 66 lakh 70 thousand 990 shares. Among them, 8 thousand 206 applicants' applications were rejected, 14 lakh 65 thousand 763 eligible applicants, 89 thousand 640 applicants, 8 million 96 lakh 400 shares were bonded. The company has set aside 18 percent of its issued capital of 60 million rupees, which will be 10 million 80 million rupees, equal to 10 million 80 thousand shares. Of this, 10 percent, i.e., 1,800,000 kyats, has already been issued to Nepalis in foreign employment, while 5 percent, i.e., 54,000 kyats, has been bonded to collective investment funds. In the same way, 21 thousand 600 of the remaining 21 thousand 600 cats were set aside for employees, and the remaining 8 lakh 96 thousand 400 cats for the general public were removed.
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