Ngadi Group to refund IPO money today; Investors requested to visit respective collection centers

Thu, Dec 24, 2015 3:00 AM on Latest, IPO/FPO News, Featured, Stock Market,

Ngadi Group Power Limited has allotted its 4,86,868 units IPO shares to the locals of Lamjung (project affected area) on 4 poush, 2072 and it is refunding excess money collected from investors from Poush 9.

Nagdi Group has urged the investors to visit their respective collection centers with receipt to collect their refund money through account payee cheque.

The non-allotees have to bring their receipt slip with a copy of citizenship or authorization letter to collect their payment slip.

NIBL Capital Market Limited was the issue manager for the IPO.