IPO Results & Allotment of Molung Hydropower Company Limited
Now all the Applicants are waiting for the IPO Results of Molung Hydropower Company Ltd. on Falgun 20, 2079, Molung Hydropower Company Limited’s IPO allotment will occur.
Molung Hydropower Company Limited has issued 22,64,655 Units of IPO Shares to the General Public from the 4th Falgun of 2079 to the 10th of Falgun 2079.
10% of the Total of 27,28,500 Units have issued for Nepalese employees working abroad and 2 % is issue for company employees. Also, a total of 5% has a side for mutual funds. And remaining 22,64,655 Units have already been issued to the general public.
Data provided by CDSC indicates that as of the final day, about 14,90,714 applications had been submitted for a total of 16,623,220 units of shares.
The Issue Manager of this IPO Shares is Sunrise Capital Ltd. Following the IPO, the company’s paid-up capital would amount to Rs. 80.25 Crores.
How to check the IPO Results of Molung Hydropower Company Ltd.
| Molung Hydropower Company Limited | |
| Face Value | Rs. 100 |
| Total number of Share | 27,28,500 Units |
| For Nepalese Employees Working Abroad | 2,72,850 Units |
| For Company’s Employee | 54,570 Units |
| For Mutual Fund | 1,36,425 Units |
| For General Public | 22,64,655 Units |
| Issue Manager | Sunrise Capital limited |
| Number of Applicants | 14,90,714 |
| Number of Applied Units | 1,66,23,220 Units |
| Oversubscribed by | 7.34 Times |
| Allot for | 2,26,465 |
| Empty Hand | 12,64,249 |
| IPO Issue Date | 4th Falgun 2079 to 10th of Falgun 2079 |
An applicant can apply for 10 units in minimum and 8000 Units in Maximum quantity. After this ipo company hope to rise 22.64 cr. According to the issue manager, Pre-allotment work will complete on this week and the company will publish the result on Next Week.
Keep Visiting us to get the latest update about the Upcoming IPO in Nepal and also many more about the stock.
Also, you may read,
Trishuli Jal Vidhyut Company is closing its IPO shares from today or, 17th of Falgun 2079