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IPO result of Buddha Bhumi Nepal Hydro power company limited.

How to view the IPO Result of Buddha Bhumi Nepal Hydropower Limited

Buddha Bhumi Nepal Hydropower company limited is going to published the result of IPO allotment on Friday, morning. According to the IPO issue manager, Civil Capital limited, the pre-allotment was finished on Wednesday.
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How to view the IPO Result of Buddha Bhumi Nepal Hydropower Limited

There are the three different sources by which we can view the result. First of all if you want to view the result. The first option is iporesult.cdsc.com.np. This website is developed by CDS and clearing limited which is promoted by Nepal stock market.






The second option to view the IPO result is the website of issue manager civil capital. If you want to view the result from the website of civil capital limited.


The third option to view IPO result is the website of Buddha bhumi Nepal Hydropower Limited. We can check the IPO result from the site of this hydropower limited.



The company had issued 800,000 ordinary shares worth Rs 80 million to the general public from Ashoj 11th to ashoj 14th.

Out of that, 2 percent or 16,000 shares will be allocated for employees and 5 percent or 40,000 shares will be allocated for collective investment funds and the remaining 744,000 shares will be distributed to the general public.
According to the latest statistics, 2,111,819 applicants have applied for the purchase of 26,531,040 shares in the company's IPO. This is 35.66 times more than the 744,000 lots expelled from the public.
As there are more applications than demand, the shares will be distributed at the rate of minimum 10 lots as per the Securities Issuance and Distribution Directive. Accordingly, out of the eligible applicants, only 74,400 will get 10 shares.
Accordingly, out of the total applicants, 96 percent or more than 2 million 37 thousand will not get shares.

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