Finally, Dordi Khola Jal Bidyut Corporation Limited to Sell its 10,54,260 shares worth of IPO and the Securities Board of Nepal (SEBON) granted permission to Dordi Khola Jal Bidyut Corporation Ltd on Chaitra 28, 2078 B.S. for the issuance of shares. Dordi Khola Jal Bidyut Corporation Ltd had submitted an application to the board on Baisakh 21, 2078 B.S. it is in the process of selling shares in the public offering (IPO). In the first phase of the IPO, the company plans to issue 10,54,260 shares to the local of the project affected areas. This represents 10% of the company’s total issued capital (Rs. 105.42 crores). The IPO to the public will open from Baisakh 13, 2079 B.S. As per the company paper that was released, the issue will close on Baisakh 27, 2079 B.S. if it is completely subscribed. If it remains under-subscribed after that time, the application deadline will be extended until Jestha 11, 2079 B.S. as per the company policy. Siddhartha Capital Limited has been designated as the issue and sales manager for the IPO by the hydroelectric firm (Dordi Khola Jal Bidyut Corporation Ltd). The corporation is owned by Lamjung Electricity Development Company Limited (LEDCO), which owns 84.95 percent of it. Dordi Khola has a capital of Rs 75.90 crores as of Ashad’s end of 2078 B.S. The capital is scheduled to expand to 105.41 crores following the initial public offering of shares.
Residents of Lamjung District’s Dordi Rular Municipality are eligible to apply for the shares. A minimum of 10 shares and a maximum of 10,00,000 shares can be applied for. The corporation will sell the shares to the general public after issuing them to the locals. The company intends to issue 2,951929 shares with a par value of Rs 100 in total. As a result, the entire public issue is Rs 29.51 crores.
The general public (together with locals) will control 28 percent of the corporation after the public offering. Similarly, the promoters will own 72 percent of the company.
About Dordi Khola Jal Bidyut Corporation Limited
DKJBCL, or Dordi Khola Jal Bidyut Corporation Ltd, is a Nepalese public corporation that was created under the Companies Act 2063 on Falgun 14, 2066 (February 26, 2010) to develop and engage in hydropower projects. It is currently developing and owning the Dordi-1 Hydroelectric Project in Lamjung District, with a capacity of 12 megawatts. Dordi Gaupalika-6, Lamjung, is the site of the project. Its registered office is in Tripureshor, Kathmandu -11, Bluestar Complex.
IPO Details and IPO result Status of Dordi Khola Jal Bidyut Corporation Limited:
Company Name:- Dordi Khola Jal Bidyut Corporation Limited
Type: – IPO
SCRIP: – DKJBCL
Issue Open Date:- 2079-01-13
If fully subscribed, Issue Close Date:- 2079-01-27, otherwise
Issue Close Date: – 2079-02-11
How to check IPO results from iporesult.cdsc.com.np?
This is one of the very simple, quick, and efficient methods of checking IPO results among many others. However, the one who wants to check must have their BOID number, and if you don’t know where to get your 16-digit BOID, head to Mero Share login and look for it there. Here is the process of checking your allotment status through the official website of Mero Share:
- Go to the official website of iporesult.cdsc.com.np
- Select the Company you want to check allotment results in this case (Dordi Khola Jal Bidyut Corporation Ltd)
- Enter the 16 Digit BOID number
- Enter Captcha you can choose the text and click the option to verify
- Click on View Result and now you are good to check your result.
How to check IPO results from Prabhu Capital?
Yet another way to IPO results apart from iporesult.cdsc.com.np is from Prabhu Capital. The nak that is managing the affairs of the IPO of Dordi Khola Jal Bidyut Corporation Ltd is Prabhu Capital. Here is the complete process to check from the Prabhu Capital Website:
- Go to the Global capital website – prabhucapital.com/share-allotment or one can click the link
- Select the Dordi Khola Jal Bidyut Corporation Limited
- Eneter 16 Digit BOID Number
- Click on the enter button on your Keyboard or Mobile
- Now the IPO results should be visible.