IPO Allotment or Result of Supermadi Hydropower Limited
The IPO results of the general public shares are being prepared for publication by Supermadi Hydropower Company and Sanima Capital Limited. Supermadi Hydropower Limited recently opened the IPO sale for general public shares. The company has opened an IPO sale of 17 lakh 43 thousand Units of Ipo shares.
Out of the total 21,00,000 units, 10%, or 210,000 units, have already been issued and allocated to Nepalese nationals living and working abroad. 2%, or 42,000 units, have been set aside for the company’s employees, and 5%, or 105,000 units, of the total offered shares, have been set aside for mutual funds. 17.43,000 of the remaining units are for the general public. After the IPO, the company’s paid-up capital will amount to Rs. 2.10 Arba. With this IPO, the business hopes to raise Rs 17.43 crore.
Locals impacted by the project received 10,50,000 shares worth Rs. 10.50 crore from the corporation, and Nepalese nationals working overseas received 210,000 shares. The promoter owners own 85% of the company’s shares.
Sanima Capital Limited has been selected as the IPO’s issue manager. A minimum of 10 units and a maximum of 50,000 units may be requested in an application.
A total of 11,902,500 units have received 1,027,843 applications, according to CDSC. As a result, the problem has already received 6.82 times more subscriptions than it can handle.
Short Details About the IPO Allotment or Result of Supermadi Hydropower Limited
|Face Value||Rs. 100|
|Price of Share||21 Cr.|
|Number of Share||21,00,000 Units|
|Nepalese Employee working Abroad||2,10,000 Units|
|Mutual Fund||1,05,000 Units|
|Company Employee||42,000 Units|
|For General Public||17,43,000 Units|
|IPO Allot for||1,74,300 people|
|Issue Manager||Sanima Capital Limited|
|Opening Range||Rs. 299|
|Lower Range||Rs. 99.80|
|IPO Issue||9th Magh 2079 to 12th Magh 2079|
Click the Link to check your IPO Status: – Meroshare
The Opening range of this IPO will be Rs 299 and the lower range will be Rs. 99.80. The total number of applicants who applied for this IPO is 13,57,745 but 1,74,300 applicants will be allotted 10 Units for each allot applicant. Due to the many public holidays, it will be a delay in IPO result publishing.
According to the Sanima Capital Limited Company, Pre allotment work will be completed up to the 17th of Magh 2079 and the IPO results will Publish before the 20th of Magh 2079.
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