The allotment of the Initial Public Offering (IPO) issued by Kalinchowk Hydropower Limited to the general public is scheduled to take place in the first week of Baisakh 2083.

According to RBB Merchant Banking Limited, preparations are underway to complete the allotment process within the early days of the upcoming Nepali year.

The company had issued a total of 684,750 unit shares to the general public from Chaitra 22 to Chaitra 25. Based on the allotment structure, 68,475 applicants will receive 10 units each.

The remaining applicants, however, will not be allotted shares due to oversubscription.