KATHMANDU:  The IPO allotment of Om Megashree Pharmaceuticals Limited is concluded today. Through the lottery, 147,600 applicants have received shares at the rate of 10 units. Om Megashree Pharmaceuticals had opened the sale of 147,600 units of IPO to the general public from Falgun 27 to Chaitra 3.

According to the sales manager Prabhu Capital, out of a total of 20,56,576 people who applied for this IPO, 208,278 applications were canceled.

18,48,298 people who applied duly were included in the lottery. Rating agency Care Rating Nepal has given ‘Care NP B minus rating’ to this insurance company’s IPO. This indicates that there is a medium level of risk in the company’s ability to meet its obligations.

The results of the IPO allotment can be viewed on the Om Megashree Pharmaceuticals website and Prabhu Capital website. Similarly, the results can also be viewed on the IPO website created by CDS and Clearing Limited, and the MeroShare app can also be used to check.