Himalayan Hydropower IPO for General Public Result Date: Himalayan Hydropower Development Co. Ltd. is opening an IPO for the general public from 24 Ashadh 2079.
Himalayan Hydropower Development Co. Ltd. IPO
| S.N | Himalayan Hydropower IPO | Details |
| 1 | Company Sector | Hydropower |
| 2 | Issue Manager | Sanima Capital Limited |
| 3 | Open IPO Date | 24 Ashadh 2079 |
| 5 | Total No of Units | 15 Lakh units |
| 6 | Price per Unit | Rs 100 |
| 7 | Suitable to Apply (General Public) | 10 Units |
| 9 | Maximum units apply (Kitta) | 1000 units |
Bindhyavasini Hydropower is going to sell IPO on 20 Jestha 2079 B.S. The company is going to sell 1.5 million IPO lots to the general public.
The company is going to sell shares worth Rs 150 million from the issued capital of Rs 1 billion+ to the general public. The company has issued the IPO at a face value of Rs 100 per share. All general public can apply for a minimum of 10 lots and a maximum of 100,000 lots.
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Himalayan Hydropower Dev. Co. Ltd. IPO Time
If the shares are not sold, the sale will be opened to the public by adding to the remaining shares. Applications can be submitted using Meroshare.
Rating agency [ICRA] Nepal has given ‘Issuer Rating Double B Plus’ to Bindhyavasini’s IPO. Which indicates an average risk in the company’s ability to bear responsibility. Sanima Capital is the sales manager in this IPO.
According to the company, public people can apply for the IPO from Meroshare App or nearby banks registered under C-ASBA.
In addition, C-ASBA can apply from licensed banks and financial institutions and their branch offices.
How To Apply IPO?
- Log into Mero share using your credentials.
- From the menu on the left, go to My ASBA –>Current Issue>Bindhyabasini Hydropower Limited.
- Click Apply next to the IPO you want to apply for.
- Fill up Applied Quantity.
- Enter your CRN number accurately.
- Click on Apply.
Conclusion:
This IPO was lastly open for the local people in that phase. Therefore, now the general public can apply for this IPO from 20 Jestha 2079 to 25 Jestha 2079 on your meroshare account. You can also visit the banks for applying this IPO.
