The initial public offering- IPO Result of Mailung Khola Hydropower Company (Mailung Khola Jal Vidhyut Company Limited) was published on Tuesday (10th August 2021). Sales manager Siddhartha Capital is going to distribute the company's shares at 9 am on Tuesday after completing the pre-allotment on Monday.
According to Siddhartha Capital, 21,18,925 applicants have applied for the purchase of 2,85,41,840 units of shares in the company's IPO.
As there are more applications than demand in the IPO of Mailung Khola Hydropower, the securities will be distributed as per the issuance and distribution guidelines. Accordingly, only 66,874 people will get shares by distributing shares at the rate of at least 10 units from the lucky draw.
Accordingly, more than 2 million 52 thousand applicants are seen to be empty-handed.
Mailung Khola Hydropower had issued 736,286 units shares at a face value of Rs 100 per share since Thursday. Out of that, 2 percent or 14 thousand 726 shares have been allotted to the employees and 5 percent or 36 thousand 814 units of shares have been allotted to the collective investment fund. After that, the remaining 668,746 units will be distributed to the general public.
At present, the paid-up capital of Mailung Khola Hydropower is Rs. 294.514 million. After the IPO sale to the public, the company's paid-up capital will reach Rs 368.143 million.
How to Check Mailung Khola Hydropower Company Limited IPO Allotment (Result):
You have to follow the following instruction to fast check the IPO result of Mailung Khola Hydropower Company Limited from the MeroShare (CDSC) website:
Step 1: Log on to www.iporesult.cdsc.com.np
Step 2: You will see 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)
Other Ways to Check IPO Result of Mailung Khola:
1. MeroShare Official Website: https://www.meroshare.cdsc.com.np
2. (Siddhartha Capital IPO result) IPO Result on Siddhartha Capital Website: https://www.siddharthacapital.com/check-share-allotment-ipo-fpo/
|The IPO Issuing Company||Mailung Khola Hydropower Company|
|Issue Manager||Siddhartha Capital Limited|
|Security Type||Common Stock -IPO|
|IPO Issued Date||2078-4-14 to 2078-4-18|
|IPO Face Value||Rs. 100|
|Total IPO Share||736,286 Units|
|The share allocated for Mutual Investment (5%)||36,814 Units|
|The Share allocated for employees (2%)||14726 Units|
|Total Share for Individual Investor (General Public = 93%)||6,84,746 Units|
|Total Allotted Kitta||684745 Kitta|
|Total Allottee||66,874 applicants|