IPO Results or Allotment of Sagarmatha Jalbidhyut Company Ltd

                            IPO Results or Allotment of Sagarmatha Jalbidhyut Company Ltd

Are you Looking for the IPO Results of Sagarmatha Jalbidhyut Company Limited? If you are looking for specific information about the IPO results of Sagarmatha Jalbidhyut Company, you are in right place. Here we are going to give the IPO Result date of Sagarmath Jalbidhyut Company Limited.

Sagarmatha Jalbidhyut Company Ltd: – IPO Results or Allotment of Sagarmatha jalbidhyut Company
                                       Sagarmatha Jalbidhyut Company Ltd.
Face Value Rs. 100
Number of Shares 43,68,000 Units of Shares
For Mutual Fund 2,18,400 Units of Shares
For Company’s Employees 1,31,040 Units of Shares
For Nepalese People Working Abroad 4,36,800 Units of Shares
For General Public 35, 81,760 Units of Shares
Issue Manager Prabhu Capital Ltd.
Number of Applicants 11,48,679
Allot for  
Issue Date 8 Chaitra 2079
Closed Date 12 Chaitra 2079

This IPO was started on 8th Chaitra 2079 and Closed on 12th of Chaitra 2079. Prabhu Capital Ltd is the Issue manager for this IPO.

Of the entire 43,68,000 units, 10%, or 436,800 units, have already been issued and allocated to Nepalese people living and working abroad.

5% of the shares, or 218,400 units, have been set aside for mutual funds, and 3%, or 131,040 units, have been allocated to the company’s workers.

For general sale are the remaining 35,81,760 units. After the IPO issue, the company’s paid-up capital can be Rs. 1.12 Arba.

According to Prabhu Capital ltd, the IPO Results of Sagarmatha Jalbidhyut Company ltd will Publish in 1st Week of April 2023.

11,48,679 applicants have submitted applications to CDSC for a total of 12,967,630 units. As a result, as of March 24, the offer is already 3.62 times oversubscribed (5 pm).

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A lottery method or fortunate draw will be used to distribute shares. The applicants who applied for the IPO between 2023-03-22 at 10:00 and 2023-03-26 at 17:00 will get the shares.

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