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Showing posts from September, 2021

IPO result of Madhya Bhotekoshi for Locals

The result of Madhya Bhotekoshi Jalbidhyut Company Limited which had issued Initial Public offering (IPO) the project affected local people and the people of sindhupalchowk district is published on 27 th September 2021. The result was published at the corporate office of issue manager Global IME Capital. How to view the result ? If you want to view the result, you have visit the official site of global IME Capital. Click on the Result Menu In result menu Click on IPO/FPO shareallotment check Enter your BOID Number at the BOID Box After that Click on Check Menu There are total 108527 (Inwords One lakh eight thousand five hundred and twenty seven) applicants who has applied for this IPO. Among this there are total 12147 people had applied under the category of project affected area. Unfortunately the issue manager rejected 49 applicants due to some reason. Those applicants who had applied for minimum 180 units IPO shares has got as per of their demand. Those applicants who

Buddha Bhumi Nepal IPO issue | Buddha Bhumi Nepal Hydro IPO Result for Locals

Buddha Bhumi hydropower limited is ready to issue the primary shares to the general public from 11th Ashoj 2078. The total number of IPO shares which is going to issue is 8 lakh units. The early closing date of IPO application is 14th Ashoj 2078. ICRA Nepal has given ICRA NP BB- rating to the IPO of Buddha Bhumi Hydropower company limited which means this company is moderate risk of default regarding timely servicing of financial obligation. The issue manager of this IPO is Civil Capital Market and the Banker to the issue is Civil Bank Limited Sundhara Kathmandu. About Buddha Bhumi Nepal Hydro Power Company Limited. The hydropower project name of this company is Tallo Tadi Khola Jalbidhyut aayojana. This project area is located at Dupcheshowr Gaupalika Nuwakot district. This company was eastblished on 31st Shrawan 2074 and converted as the public limited company. According to the AOA and MOA this company has allocated 10% shares of issued capital to the local people of Nuwakot distri

Upcoming Hydropower IPO in Nepal | Upcoming IPO in Nepal

There are dozen hydropower companies going to issue  Initial Public Offering (IPO) . These all companies had given the application to the Securities Board of Nepal ( SEBON) . The face value of the primary shares is Rs: 100. After the approval of SEBON the shares will be issued to the public. There is the rule that the company have to issue the IPO to the general public within two month after the approval of SEBON Likewise there are 20 companies whose IPO are coming to the market. Out of 20 companies 12 of them are hydropower companies, 4 of them are microfinance, 2 of them are insurances and 2 are from other sectors. Many of companies are in the pre-issue process so they will issued IPO to the Project affected local people and general public. According to the securities board of Nepal SEBON 20 companies will issue 5 crore 23 lakh 57 thousand units worth Rupees 5 Arab 90 crore 77 lakh and fifty thousand. Now in share market, 40 companies are listed. After this fiscal year the number

IPO Issue date of Sahas Urja Limited (SUL) | IPO result of Sahas Urja Limited (Local)

Sahas Urja Limited (SUL) is going to issue IPO shares to the general public from 6th Ashoj, 2078. The company will issue 70 lakh unit shares whereas 210000 are allocated to the employees of Sahas Urja Limited and 350000 unit shares allocated to the mutual fund. NIBL Ace Capital is the issue and sales manager of Sahas Urja Limited (SUL). Those who are interested can apply for a minimum of 10 and a maximum of 1 million 50 thousand. Earlier, the company had issued  of 15 million shares for the locals of the project-affected Solukhumbu district at various stages. After the issuance of IPO for the project affected and the public, the share structure of the company will be 70:30 and the paid up capital will reach Rs 3.5 billion. ICRA Nepal has given BB Plus rating to Sahaj Urja's IPO. This is the largest hydropower project in Nepal being constructed by the private sector. The total cost is projected at Rs 11.86 billion, while nine other financial institutions, led by Nepal Investment B