Api Power to distribute third phase of IPO share certificate to all the shareholders from today

Api Power Company Limited is distributing third phase of IPO share certificate to all the shareholders who from today, Kartik 22, 2072. As per the notice published today, the investors who have submitted their application forms can collect their share certificate from the collection center where they had submitted their IPO forms. Furthermore, the allotment advice along with identity card of the investor is mandatory to collect the share certificate. Api Power had opened its Initial Public Offering of 30, 00,000 unit shares. The allotment of the company’s IPO was held on Bhadra 15, 2072. Those who had applied up to Rs 29,000 have fallen under lottery while investors who applied for shares more than Rs 30,000 to Rs 50,000 were allotted 3.2% and 3.3 % of the money they had invested and shares worth more than Rs 51,000 to Rs 1, 0 0,000 have been allotted to 2.5 % to 2.6% shares. After the IPO, the promoter-people of affected area (Darchula and Baitadi) - public ratio in the company will be 60% to 10% to 30%.