Bikash Hydropower Limited has allocated shares from its IPO issued between Ashad 18 and Ashad 22, with nearly 2.94 lakh successful applicants each receiving 10 shares.
Bikash Hydropower Limited distributed the results of its IPO, which was open to the public from Ashad 18 to Ashad 22. A total of 294,276 applicants were allotted 10 shares each.
The company had received approval to issue 44,54,596 shares, representing 49% of its total issued capital of 90 crore 91 lakh 1 thousand 300 rupees.
Out of this, on Ashad 5, the company had already allotted 909,101 shares at 100 rupees per share to project-affected residents and Nepali migrant workers. Additionally, 70,910 shares were reserved for employees as ordinary shares, and 177,275 shares were set aside for collective investment funds.
The remaining 29,42,760 shares were offered to the general public.
How to Check IPO Results?
Applicants can check their IPO results through the following websites:
- Prabhu Capital – Prabhu Capital | A Subsidiary of Prabhu Bank
- CDSC IPO Result Portal – iporesult.cdsc.com.np
- Mero Share Account – https://meroshare.cdsc.com.np/
Applicants need to enter their bid DP ID and other details to view the results.
This article was originally published on https://bajarkochirfar.com
Translated with the help of AI and reviewed by our editorial team.
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