The shares issued by Bindhyabasini Hydropower Development Company Limited have been distributed (IPO Result / IPO Allotment) on 17th June 2022, Friday. The shares were distributed at the office of Sanima Capital, the company's share issue and sale manager.
The IPO of the company had received 17 lakh 91 thousand 895 applications. Of them, 2 thousand 738 applications have been rejected. Accordingly, 17 lakh 89 thousand 157 eligible applications have been received.
As more applications were received for the shares of the company than the demand, the shares have been distributed at the rate of at least 10 units through a lucky draw as per the SEBON Issuance and Distribution Directive. While distributing shares at the rate of minimum 10 units, only one lakh 36 thousand 500 people have received 10 lots of shares.
The company had issued 1.5 million ordinary shares with a face value of Rs 100 per share.
Out of that, 4 percent or 60,000 shares have been reserved for the employees and 5 percent or 75,000 shares have been distributed in the collective investment fund. Only the remaining 1.365 million shares have been distributed to the public.
How to Check IPO Result of Bindhyabasini Hydropower:
Learn How to Check IPO result /allotment in Nepal. Learn the fastest and easiest way to check all companies' IPO results in Nepal. Follow a few steps to check an IPO result.
You have to follow the following instructions to check the IPO result of Bindhyabasini Hydropower from the MeroShare (CDSC) website: iporesult.cdsc.com.np
Step 1: Log on to iporesult.cdsc.com.np (Check Here)
Step 2: You will view this type of interface on your device.
Step 3: Type your 16-digit BOID Number (Beneficial Owner Identification Number)
Step 4: Click on View Result Tab.
Finally, you will get the result message on the interface.
(Note: The IPO result will be shown after the share allotment and upload data on the server, it will take a few hours after the announcement)
Other Ways to Check IPO Result of Bindhyabasini Hydropower:
1) MeroShare Official Website: https://www.meroshare.cdsc.com.np
2)Bindhyabasini Hydropower IPO result (Check IPO Result on Sanima Capital Limited) Website: https://www.sanima.capital/ipo
(Please select company name and provide DEMAT No. to view IPO result Select Company name and Type DEMAT Number).IPO Result IPO