According to the Global IME Capital, the data verification process has already been completed. The pre-allotment is happening on Monday. The IPO allotment of the company will take place on Tuesday (April 12 2022) . So only 1,66,345 applicants will be allotted with 10 units each and among the allottees 3 more will be allotted with additional 3 units of shares.
The Balephi hydropower company opened its IPO 16th Chaitra and closed at the early closing date on 21st Chaitra, 2078. The company had float 16,63,453 shares are for the individual public at the par value of Rs 100. The issue has been oversubscribed over 15.73 times, according to CDSC, 22,64,378 applicants have applied for a total of 2,61,71,390 units.
