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 DateKartik 5
Total No of Shares2,250,000 Units
For Employee45,000 Units
For Mutual Fund112,500 Units
For General Public2,092,500 Units
No of Applicants2,282,027
No of the applied units27,615,920 Units
StatusOversubscribed by 13.20 times
Issue ManagerGlobal IME Capital Ltd.
RatingCARE-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 :

Global IME Capital
Nyadi Hydropower

Points to be noted :

  1. Allotment will be done at 9:00 A.M. It may take 2-4 hours to come result in site.
  2. 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.