Madhya Bhotekoshi IPO Result has been Published today, Learn How to check IPO Results for Madhya Bhotekoshi.
On October 29, 2021, Madhya Bhotekoshi Hydropower (Jalavidhyut) announced the results of its initial public offering (IPO) (12th Kartik 2078, Friday, 9 am). The allotment was completed at 9 a.m. on Friday, according to Global IME Capital, the issue and sale manager of Madhya Bhotekoshi Hydropower (Jalavidyut) Company Limited.
From October 6 to 11, Madhya Bhotekoshi Jalavidyut Company Limited (MBJCL) issued 9 million units of shares worth Rs. 900 million to the general public.
Employees received 4 percent, or 360,000 shares, of the total shares issued, while mutual investment funds received 5 percent or 450,000 shares.
The remaining 81,90,000 shares will be distributed to the general public.
According to the most recent statistics, the MBJCL has received IPO applications for 34,360,010 units from 2,393,428 people. This is 4.19 times more than what was requested from the general public.
Because there were more applications than demand for Madhya Bhotekoshi Hydropower shares, a minimum of 10 units of shares were allotted in accordance with the Securities Issuance and Distribution Directive. As a result, 8,199,000 people received 10 shares. The remaining 15,74,428 applicants were not chosen.
How to Check IPO Result of Madhya Bhotekoshi
Learn How to Check IPO result /allotment in Nepal. Learn the fastest and easiest way to check all companies’ IPO results in Nepal. Follow a few steps to check an IPO result.
You have to follow the following instructions to check the IPO result of Madhya Bhotekoshi Hydropower (MBJCL) from the MeroShare (CDSC) website: iporesult.cdsc.com.np
Step 1: Log on to iporesult.cdsc.com.np (Check Here)
Step 2: You will view this type of interface on your device.
Step 3: Type your 16-digit BOID Number (Beneficial Owner Identification Number)
Step 4: Click on View Result Tab.
Finally, you will get the result message on the interface.
(Note: The IPO result will be shown after the share allotment and upload data on the server, it will take a few hours after the announcement)
1. MeroShare Official Website: https://www.meroshare.cdsc.com.np
2. Global IME Capital Limited – Global IME Capital IPO result (Check IPO Result on Global IME Capital) Website: https://www.globalimecapital.com/ipo-fpo-share-allotment-check (Check Here)
(Please select company name and provide DEMAT No. to view IPO result Select Company name and Type DEMAT Number)