Jhapa Energy’s IPO allotment, how to check results? – Bajarko Chirfar English
Jhapa Energy Limited will conduct the IPO allotment for the general public on Wednesday at 9:30 AM, under the management of Himalayan Capital Limited.
Jhapa Energy Limited had opened its Initial Public Offering (IPO) for the general public on Bhadra 20, issuing 4,73,336 units of shares. The offering received a very high response from investors nationwide. By the application deadline on Bhadra 30, a total of 20,07,142 applicants had applied for approximately 2,24,68,850 units of shares. As a result, the IPO was oversubscribed by 47.46 times compared to the shares available.
Before the general public offering, the company had already completed allotments for project-affected locals and Nepalese citizens working abroad. The upcoming allotment will determine successful applicants through a lottery system due to heavy oversubscription.
The allotment program will begin on Wednesday morning at 9:30 AM, managed by Himalayan Capital. With demand far exceeding supply, only a small fraction of applicants will be allotted shares.
How to Check Jhapa Energy IPO Result
Applicants can check the IPO result after the allotment through the following platforms:
To view the result, investors need to enter their DP ID, BOID, or other required details on the respective platforms.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
