Know the Final IPO Collection of Dordi Khola Jal Bidyut Company

CDS & Clearing Limited (CDSC) has reported the final data of the public IPO collection of Dordi Khola Jal Bidyut Company Ltd Company.

Dordi Khola Jal Bidyut Company Ltd (DORDI) had issued its 20,19,869 unit IPO shares to the general public from 26th Jestha and concluded on 31st Jestha. Out of total 21,95,509 unit shares; 3% of the issue worth 65,865 shares were allocated to employees of the company and 5% worth 1,09,775 shares for mutual funds. The remaining 20,19,869 shares were purely for the individual public.

Siddhartha Capital Limited was appointed as the issue manager for the IPO issuance. Applications could be placed for a minimum of 10 units and a maximum of 17,00,000 units.

According to CDSC, 15,64,522 applicants were received till the last day, applying for a total of 1,79,33,070 units. Thus, the issue was oversubscribed by 8.87 times.