Allotted Shares

Allotted Shares

In underwriting, the shares that each underwriting firm in a syndicate receives or buys. Each firm has the responsibility to place its allotted shares with investors.
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IFC has devoted 2,550 million rupees in Cargills Food Company (Pvt) Ltd, the unit which functions Cargills Food City and Cargills Express supermarkets, to subscribe for the allotted shares, endorsing a pre- money equity valuation of 29,325 million rupees for the group retail business.
The Bank pointed out that each shareholder has the right to subscribe at a number of allotted shares, which will be calculated depending on the number of shares owned by him/her on the subscription date.
So, if you are not allotted shares, you will get your money back in seven days.
All investors will be allotted shares at the final share price which may be lower than the subscription price for category one investors.
9 million) after it allotted shares to 36 anchor investors ahead of its planned initial public offering.
The share certificates for the newly allotted shares and the refund cheques will be ready for collection at the head office of AUB at Seef district beginning Sunday for a period of two weeks.
cent of the shares in IVPL, has also been allotted shares in and has been
The bank holding company also reported that the board of directors increased by 100,000 shares the allotted shares under the company's common stock repurchase program.
The demand for the offering exceeded the allotted shares by 30%, demonstrating a continued solid endorsement of the company and its management," added Swank.
From IFC, BPBV has received US$100 million and have allotted shares to IFC aggregating to 14.
Investors submitting applications received on or before 30 December 2012 were allotted shares at 99.
QNB will also coordinate with the DSM, ADX and BSE in order to register and add the allotted shares to the shareholdersCO accounts.