The much-anticipated IPO result for Bikash Hydropower Company Ltd is scheduled for release on Ashadh 5, 2082 at 9:00 AM Nepal Standard Time. Eligible applicants include project-affected locals of the Gorkha District and Nepali citizens working abroad. This announcement follows the completion of the subscription period, which closed on Ashadh 4, 2082.
The IPO issued a total of 9,09,101 shares, which is 10% of the company’s total capital. Each share has a face value of NPR 100. The subscription period lasted from Jestha 6 to Ashadh 4, 2082. Prabhu Capital Ltd acted as the issue manager for this IPO.
To check your IPO allotment status, you can log in to your MeroShare account and navigate to the “My ASBA” section, then click on “Application Report” to view your application status. Alternatively, you can visit the Prabhu Capital Ltd official website and enter your BOID in the IPO result section.
The IPO allotment size was divided with 9,09,101 units allocated for project-affected locals, 3,54,550 units for foreign applicants (which is 10% of the general public issue), and 29,42,760 units for the general public. The minimum application was 10 units, and the maximum was 10,000 units per applicant.
Applicants are advised to ensure their BOID is active and linked to their MeroShare account to avoid any issues. Checking both the MeroShare portal and Prabhu Capital Ltd website will help in getting the most accurate and up-to-date information. The allotment process may take some time, so results are typically available a few days after the official allotment date.
