SY Panel Nepal Ltd. IPO was open for general public from Kartik 24 to Kartik 28. The IPO was managed by Prabhu Capital Limited. It received an overwhelming response from investors across the country.
The allocation of shares will be done on Sunday, Kartik 30. A total of 21,66,939 people applied for the IPO. Among them, only 4,07,615 applicants will receive the shares, while 17,59,324 applicants will not get any shares this time.
| Category | Number |
|---|---|
| Total Applicants | 21,66,939 |
| Applicants Receiving IPO | 4,07,615 |
| Applicants Not Receiving IPO | 17,59,324 |
This strong response shows the high interest and confidence of investors in SY Panel Nepal Ltd. The allocation process will now decide who gets the chance to invest in this popular IPO.
