How to Check Nyadi Hydropower IPO Result !
In this page, you will get to know how to check the IPO result of Nyadi Hydropower.
Nyadi Hydropower IPO issue had opened on Ashoj 15.
IPO Details
| Result Date | Kartik 5 |
|---|---|
| Total No of Shares | 2,250,000 Units |
| For Employee | 45,000 Units |
| For Mutual Fund | 112,500 Units |
| For General Public | 2,092,500 Units |
| No of Applicants | 2,282,027 |
| No of the applied units | 27,615,920 Units |
| Status | Oversubscribed by 13.20 times |
| Sector | Hydropower |
| Issue Manager | Global IME Capital Ltd. |
| Rating | CARE-NP BBB – (Is) |
How to Check IPO result ?
You can check IPO result in 3 ways :
- Meroshare site
- Capital website
- Company website
Here are the links of the sites from where you can check IPO result of Nyadi Hydropower :
| List | Links |
|---|---|
| Meroshare | https://iporesult.cdsc.com.np/ |
| Global IME Capital | https://www.globalimecapital.com/ipo-fpo-share-allotment-check |
| Nyadi Hydropower | https://nhl.com.np/ |
Points to be noted :
- Allotment will be done at 9:00 A.M. It may take 2-4 hours to come result in site.
- When result is published, website may not load due to heavy traffic. So, wait for the result to come in meroshare site to check the result without any interruption.
Also read : Madhya Bhotekoshi IPO
Nyadi Hydropower Limited is a public company, incorporated on March 1, 2007. It is promoted by Butwal Power Company Limited (BPCL) and Lamjung Electricity Development Company Ltd. (LEDCO) for setting up a 30 MW run-of-river, Nyadi Hydropower Project (NHP) in Marshyangdi Municipality, Lamjung district of Nepal. The power project is proposed to utilize the available head and flow from Nyadi River. The project is constructed under the BOOT (Build, Own, Operate, and Transfer) mechanism. As per the Generation License, from the Government of Nepal – Ministry of Energy, obtained on February 14, 2013, the project shall be handed, on whatever conditions the project is, to the Government of Nepal after the expiry of the Generation License, which is 35 years.
After the IPO is issued in two phases, first to locals and employees of the promoter institutions (18,00,000 units is already issued) and then to the general public, the promoter: public shareholding ratio of the company will be 73:27, and paid-up capital will be Rs 1.5 Arba.
CARE Ratings Nepal Limited (CRNL) has assigned an Issuer rating of ‘CARE-NP BBB – (Is) [Pronounced triple B Minus (Issuer Rating)]’ to Ngadi Group Power Limited. Issuers with this rating are considered to have a moderate degree of safety regarding timely servicing of financial obligations, in Nepal.
