Asian Hydropower Company Limited is Closing its 6,97,200 Units of IPO from 3 Falgun | IPO Has Already been Oversubscribed by 21.05 Times
Asian Hydropower Company Limited is Closing its 6,97,200 Units of Shares for General Public from 2 Falgun or Today. From Today or the 2nd Falgun 2079 Asian Hydropower Company Limited is Closing its IPO issue. The face value of this IPO has Rs. 100 for each Unit share. After this IPO The company hope to rise to 6.97 Crore. The IPO issue starts on the 27th of Magh.
Short Detail About the Vacancy
| Asian Hydropower Company Limited | |
| Per Units | Rs. 100 |
| Total Number of Share | 7,56,000 Units |
| For Nepalese Employee Working Abroad | 8,40,000 |
| For Mutual Fund | 42,000 |
| For Company’s Employee | 16,800 |
| For General Public | 6,97,200 Units |
| IPO issue Manager | NMB Capital Ltd |
| Opening Date | 27th of Magh 2079 |
| Closing Date | 2nd Falgun 2079 |
| Total Number of Applicant | 13,18,798 |
| Total allot for | 14,681,020 Units |
10%, or 84,000, of the 840,000 total units, have already been released and distributed to Nepalese citizens who are working overseas. In comparison to the total offered shares, 5%, or 42,000 units, have been put aside for mutual funds. 2%, or 16,800 units, have been reserved for the company’s employees.
NMBCapital Limited is the Issue manager of this IPO issue. The number of units for which an application can be submitted ranges from 10 to 20,000.
According to CDSC, 14,681,020 units have received applications from 13,18,798 applicants. The issue has thus far received a 21.05 times more responses than expected.
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