IPO ALLOTMENT
Buddhabhumi Nepal Hydropower company LIMITED
7th October 2021
Kathmandu, Nepal
Allotment on this Friday Ashoj 22nd, 2078
Buddhabhumi Nepal Hydropower company limited is going for allotments of IPO ( Initial public offering) issued of 8 lakh ordinary shares.
IPO Opening Date were : 11th ashoj - 15th ashoj 2078
Details on issued IPO units:-
Buddhabhumi Nepal Hydropower company limited has issued 8,00,000 units IPO shares to ordinary people. Out of that some % kept aside for employees of the company and mutual funds. Details on that are as-
Total issued size: 8 lakh
2% for employees : 16,000 units
5% for mutual funds : 40,000 units
Rest for general public : 7,44,000 units
Issue manager: CIVIL CAPITAL LIMITED
While total applicants is 21,42,000 applicants for 8 lakh units on final conclusion according to Civil capital ( Issue manager).
Chances of getting alloted?
Chances of getting alloted is very low as the applicants are higher and over 21 lakh.
74,400 ( 74 thousand 4 hundred ) applicants will be alloted with 10 units each maximum. That means approx 95% of the applicants go with empty hand only 5% will go with 10 units.
Note: Assuming all valid applicants
Good luck 🤞🤞
About Buddhabhumi Nepal Hydropower company limited:
Buddhabhumi Nepal Hydropower Company is established to develop hydropower projects managed by well-experienced professionals, local and successful businessmen from various disciplines such as Management, Engineering and Public Affairs; who committed to bring excellence in the world of corporate governance in the country.
Beyond our self-governing activities, Buddhabhumi Nepal Hydro Power Company has owned 4.993 MW Hydro Power Project License for Lower Tadi Khola Hydro Power Project, located in Nuwakot District of central Nepal. The headworks area lies about 150 M downstream from the confluence of the Tadi Khola & Chake Khola. The Powerhouse is proposed to be built on the left bank of the alluvium deposit. It is located about 300 M upstream of the headworks of the Aadishakti Hydro Power Plant (5 MW). Alongside our mission of developing the hydropower field in Nepal, we also seek to promote and enable infrastructural
development in the communities we work in as well as preserve and protect our environment. The current project is about to complete sooner. The Project is at the final stage of development with the work completion measurement of around 90%. The development of the project is very well scheduled and targeting to complete by the end of March 2021 or earlier.
We believe that our hopes of sustaining Nepal with eco-friendly renewable energy, while generating benefits for the community and our stakeholders, are not only rational but also practicable. That is what drives, Buddhabhumi Nepal Hydropower Company Limited.Our aspiration to provide Nepal with renewable hydroelectric energy for a cleaner and brighter tomorrow.Besides, we feel very much delighted for where we are now and the long journey we have traveled from the time when we began. Last but not least, we are very much thanks to all the people who led us here from far away.
!!! HYDROELECTRIC ENERGY FOR A CLEANER AND BETTER TOMORROW
How to check IPO ALLOTEMENT STATUS/ Results?
There are 3 ways to check IPO allotement results.
1. CDSC website
2. Issue manager website
3. Meroshare application
Tags:
#buddhabhumi #nepalsharemarket #sharemarket #iporesult #ipoallotment #nepse #sebon #hydropower #FPO #Meroshare #CDSC
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