Apollo Hydropower's IPO allocation completed, how to see the results?

The allotment of the initial public offering (IPO) issued by Apollo Hydropower Limited to the general public was completed today. The selling manager, Himalayan Capital Limited, said it completed the allotment process this morning. The company had issued 780 thousand 200 ordinary shares to the general public at a face value of Rs 100 per share from March 26. After receiving a large number of applications in the said IPO, the distribution was done through the circular system.

According to the sales manager, 78,200 applicants have received shares at the rate of 10 each, while the rest of the investors have gone empty-handed. Earlier, the company had received permission to issue 14 lakh 10 thousand shares equal to 30% of the issued capital of Rs 57 crore. Some part of which has been distributed to local residents affected by the project, Nepalese working abroad, collective investment fund and company employees, while the remaining share has been opened to the general public.

To view the results of the IPO, one can go to the website of CDS & Clearing Limited and select the relevant company and enter their 16-digit BOID number.