Thank you very much for the insight of SHL.@Rapaport wrote:From my friend's broker who arranged the deal!
There was a chunk of shares and we divided it amongst 3 of us! And yes new share certificates with our names were issued to us.. I bought at 12 in August and sold soon after IPO less than 12 months later!
This was then banned by CSE and nowadays pvt placement shares cannot be traded easily.