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Madhya Bhotekoshi Hydropower IPO Result Published

Result 28 Oct 2021 2021 0

Madhya Bhotekoshi Hydropower IPO Result

IPO Result of Madhya Bhotekoshi Hydropower published on 29th October 2021 (12th Kartik 2078, Friday, 9 am). The Global IME Capital, the issue and sale manager of Madhya Bhotekoshi Hydropower Company (Jalavidyut Company Limited) has distributed IPO at 9 am on Friday.

The shares issued by Madhya Bhotekoshi Jalavidyut Company had issued 9 million shares worth Rs 900 million to the public from Ashoj 20 to 25.

Out of the total shares issued, 4 percent or 360,000 shares have been allotted for employees and 5 percent or 450,000 shares have been allotted for mutual investment funds. The remaining 8.19 million shares were distributed to the public.

According to the latest statistics, the company's IPO has received applications from 2,393,428 applicants for 34,360,010 units shares. This is 4.19 times more than what was demanded from the issued to the public.

As there have been more applications than demand for the shares of Madhya Bhotekoshi Hydropower, a minimum of 10 units of shares will be distributed as per the Securities Issuance and Distribution Directive. Accordingly, 8 lakh 19 thousand people will get 10 units of shares. The remaining 1574428 applicants did not get shares.

How to Check IPO Result of Madhya Bhotekoshi 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 Madhya Bhotekoshi 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 Madhya Bhotekoshi Hydropower:

1. MeroShare Official Website: https://www.meroshare.cdsc.com.np

2. Global IME Capital Limited - Global IME Capital IPO result (Check IPO Result on Global IME Capital) Website: https://www.globalimecapital.com/ipo-fpo-share-allotment-check (Check Here)

(Please select company name and provide DEMAT No. to view IPO result Select Company name and Type DEMAT Number)

IPO Detail Statement:

The IPO Issuing Company Madhya Bhotekoshi Hydropower (Jalavidhyut) Company Limited
Issue Manager Global IME Capital Limited
Security Type Common Stock -IPO
IPO Issued Date 2078 Ashoj 20 to 25
IPO Face Value Rs. 100
Total IPO Share 90,00,000 units
The share allocated for Mutual Investment (5%) 4,50,000 units
The Share allocated for employees (4%) 3,60,000 units
Total Share for Individual Investor (General Public = 91%) 81,90,000 units
Total Applicants 2,393,428
Total Applied Units 3,43,60,010 units
Total Allotted Kitta 81,90,000 Kitta
Total Allottee 8,19,000 applicants
IPO Result IPO
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