Madhya Bhotekoshi Hydropower IPO Result: IPO Allotment
The IPO issued by Madhya Bhotekoshi Hydropower Company has received 4.56 times more applications.
As of 5 pm on Monday, the last day for applications, 37,748,040 applications have been received from 2,476,481 applicants for the IPO.
The company has issued 9 million shares. Out of 9 million shares, 360,000 shares, i.e. 4 percent of the shares to be issued to the public, were allotted to the employees of the company.
Similarly, 450,000 shares, i.e. 5 percent of the shares to be issued to the public, were reserved for the collective investment fund. The general public has applied for the remaining 8.19 million lots.
As more applications have been received than the demand, this IPO will be distributed through lottery. In this regard, 8 lakh 19 thousand applicants will get this IPO at the rate of 10 lots.
The company has already issued and distributed shares to the locals of Sindhupalchowk, the accumulators of the provident fund, the employees of the founding company of the company, and the employees of the lending company.
They were not allowed to apply for the shares to be issued to the public. If applied, it will be canceled.
The IPO result of Madhya Bhotekoshi Hydropower Company Limited has been published today.
Madhya Bhotekoshi said the company had issued an IPO worth Rs 900 million from September 8. Accordingly, the company had issued a total of 9 million IPOs at a face value of Rs 100.
Out of the total eviction, 360,000 units (4 percent) have been reserved for employees and 450,000 units (5 percent) have been set aside for collective investment funds. The general public has submitted applications for the remaining 8.1 million lots.
In the IPO, 2.393 million 428 applicants have applied for 34.36 million 10 lots. Earlier, the company had distributed a total of 6 million lots for the project affected people of Sindhupalchok district and other areas of the district.
IPO Result of Madhya Bhotekoshi Hydropower
Madhya bhotekoshi hydropower IPO Result: Share allotment of Madhya bhotekoshi hydropower initial public offering (IPO) is taking place today. Those, who have applied the Madhya bhotekoshi hydropower Company Limited IPO, are all set to know their application status on Friday.
Madhya bhotekoshi hydropower Company Limited IPO Result Share Allotment Status Check
- Madhya Bhotekoshi Hydropower IPO result or share allotment status can checked online. Investors need to go to the CDSC iPO Result portal – https://iporesult.cdsc.com.np/
- investor of Madhya Bhotekoshi hydropower Nepal Limited IPO can the status of their application at “Status of Issue Application” section.
- You need to enter details such as Issue type, Issue name, Application name, and Dmat number.
Check Madhya bhotekoshi hydropower IPO Result : View Result
Check now IPO Result of Madhya bhotekoshi [Madhya Bhotekoshi Jalavidyut ] IPO result
1) Go to the official Link Global IME capital IPO result website using the URL: ( https://www.globalimecapital.com/ipo-fpo-share-allotment-check )
2) Then you need to select the ‘ Madhya Bhotekoshi Jalavidyut ’ option from the drop-down list under ‘Company’.
3) Select DMAT Numer to proceed to the next step
4) Enter the details of the mode you selected.
5) select the ‘Submit’ option.