Since Mughal Iron & Steel Industries Limited has been oversubscribed more than three time, The available shares were not even enough to allocate shares to all the applicants of 500 shares. In Pakistan applicants of 500 shares in any IPO are given first priority. Therefore, the balloting has been done and results have been posted.
All the applicants are suggested to click the above banner to see the outcome of balloting by selecting the bank name and branch where applications were deposited.