The Bikash Hydropower IPO result today was officially published at 9:00 AM on Ashadh 5, 2081. This result is exclusively for the foreign employment quota, targeting Nepali citizens currently working abroad.
According to Prabhu Capital, the issue manager, a total of 63,868 migrant workers applied for the IPO, requesting 14,83,520 units, which is 418.42% more than the 354,550 units reserved for this category. As a result, shares were allotted through a lottery system. Out of the total applicants, 35,455 were allotted shares, while 28,413 applicants did not receive any.
The Bikash Hydropower IPO result today reflects growing investor enthusiasm in the hydropower sector, especially among migrant workers. The allotment probability stood at around 55.51%, meaning just over half the applicants were successful.
To check their allotment status, applicants can:
- Log into Mero Share and go to the Application Report section.
- Visit the official website of Prabhu Capital Ltd.
Note that this result does not include project-affected locals or the general public. Those categories will have separate allotments soon. The shares will be listed on NEPSE once all tranches are completed.
Once finished it will soon be available for general public. Stay updated with us.😊
