How to check Samling Power IPO Result !
In this page, you will get to know how to check the IPO result of Samling Power Company Limited.
Samling Power Company Limited IPO issue had opened on Kartik 4.
IPO Details
| Result Date | Kartik 16 |
|---|---|
| Total No of Shares | 7,30,000 Units |
| For Employee | 14,600 Units |
| For Mutual Fund | 36,500 Units |
| For General Public | 6,78,900 Units |
| No of Applicants | 22,65,698 |
| No of the applied units | 2,69,33,500 Units |
| Status | Oversubscribed by 39.67 times |
| Sector | Hydropower |
| Issue Manager | Nepal SBI Merchant Banking Ltd. |
| ICRA Rating | Double B Minus |
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 Samling Power :
| List | Links |
|---|---|
| Meroshare | https://iporesult.cdsc.com.np/ |
| Nepal SBI Merchant | http://ipo.nsmbl.com.np/ |
| Samling Power | https://spcl.com.np/ |
Points to be noted :
- Allotment will be done at 8:30 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 : Upcoming IPOs
Samling Power Company was registered in the Office of the Company Registrar, Government of Nepal as a private company on 2070/12/23 in order to identify the feasibility, construction, and operation of hydropower projects in Nepal. This company has been operating in the name of Samling Power Company Limited by transforming into a public limited company on 2076/2/24 for the purpose of expanding public participation of the residents and general public of the project affected area.
The company has already entered into a power purchase agreement with the Nepal Electricity Authority (NEA) for the purpose of selling the electricity generated from its project.
The company has already brought in operation 9.51 MW Maibeni hydro projects in the Ilam district from Aswin 1, 2078. Located in the middle reach of Mai River in the Ilam district of the eastern part of Nepal, Mai Beni Hydropower Project is a Run-of-River type hydropower project with an installed capacity of 9.51 MW.
The simple payback period of the company’s project is 7.07 years and the discounted payback period is 12.24 years.
