CEDB Hydropower IPO Result Details | IPO Result

CEDB Hydropower IPO Result Details | IPO Result | IPO Notice

CEDB Hydropower Development Company had issued the primary shares ( Initial Public Offering, IPO) to the general public from Baisakh 17 to Baisakh 21st 2078. Investors had given an overwhelming response to this IPO. this IPO got 11.24 times more applications and the source had said that 94% of IPO applications received online. Due to the lockdown on the different districts in Nepal, the number of online applicants was increased. The issue and sales manager of this IPO is Sunrise Capital Limited.

There are many ways to view the result of the CEDB Hydropower Development Limited. You also can view from the official site of Sunrise Capital Limited which is the issue manager of this Initial Public Offering. At past IPO we were able to see the IPO result from different sites. The government stops these activities because of the privacy issue of the shareholders. Only the Issue manager and the CDSC Nepal which is authorized for the IPO allotment result can publish the result.

Care rating Nepal has given the Care NP BB Is rating to the IPO of this hydropower. In the secondary market, the price of the Hydropower shares is increasing day by day so if you got this IPO. It will be a good investment for you. In past, the investors are not so much interested to apply hydropower shares but now there is so much overwhelming response for the IPO of Hydropower IPO because of the market.

CEDB Hydropower Development Company Limited (CHDC) is a public limited company incorporated under the prevalent laws of Nepal on Mangsir 15, 2066 (November 30, 2009). CEDB Hydropower Development Company Limited (CHDC) was founded by the then Clean Energy Development Bank to provide equity investment for hydropower projects to meet the energy needs of the nation. CHDC is currently mandated to invest in and develop Hydropower Projects. It has got three hydropower projects in operation and four projects at the construction and development stages. This hydropower company is the ISO 9001:2015 certified company.

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