Dolti Power Company is opening an IPO for the general public from 28 Chaitra 2079 to almost 03 Baishak 2080. The issue manager for this IPO is NIC ASIA Capital Limited. The IPO of Dolti Power Company Limited is scheduled to be distributed tomorrow Friday at 3 PM.
Table of Contents
Dolti Power Company IPO Result Date
The general public can apply from the meroshare.cdsc.com.np account. This is a new upcoming IPO in Nepal from Microfinance Sector.
NIC ASIA Capital has been appointed as an issue manager for this IPO. The total units that are issued for this IPO for the general public are only 12,71,861.
|Dolti Power Company Limited Result||Details (Links)|
|Friday at 3 PM||Check from Meroshare|
Dolti Power Company IPO for Public:
The price per unit for this IPO is Rs 100. You can apply for only 10 units due to this reason for fewer amount of shares. The maximum amount of units that you can apply for this IPO is 1000.
|S.N||Dolti Power Company||Details|
|2||Issue Manager||NIC ASIA Capital|
|3||Open IPO Date||28 Chaitra 2079|
|4||Close IPO Date||03 Baishak 2080|
|5||Total No of Units||12,71,861|
|6||Price per Unit||Rs 100|
|7||Suitable to Apply (General Public)||10 Units|
|9||Maximum units apply (Kitta)||1000 units|
Dolti Power Company, one of the leading hydropower companies in Nepal, announced its initial public offering (IPO) of 1,271,861 shares to the general public on April 11, 2023.
The shares will be issued at a face value of Rs. 100 per share, with a premium of Rs. 100 per share, making the total cost of each share Rs. 200.
The company aims to raise a total of Rs. 254,372,200 from the IPO.
Dolti Power Company IPO Last Date
This IPO can be subscribed to 03 Baishak 2080 for the general people. Therefore, you can apply for this IPO till 05:00 PM of 03 Baishak 2080 from your Meroshare account at home.
The IPO has been met with great enthusiasm from investors, with many predicting a successful outcome.
The IPO will remain open until April 17, 2023, and interested investors can apply for the shares through their respective Mero Share accounts. The IPO result will be published on Friday at 3 PM.
Dolti Power Company’s IPO is seen as an opportunity for investors to tap into the growing hydropower sector in Nepal.
The company operates a 5.5 MW run-of-the-river hydroelectric project in Lamjung and has plans to develop additional hydroelectric projects in the future.
The company has a proven track record of operating in the hydropower sector and has consistently generated profits in the past few years.
More Information About Dolti Power Company IPO
According to the company’s financial reports, its net profit after tax stood at Rs. 14,170,287 in the fiscal year 2077/78. The company’s revenue has been growing steadily, with a revenue of Rs. 55,508,667 in the fiscal year 2077/78, up from Rs. 39,824,646 in the previous fiscal year.
Investors are also optimistic about the prospects of Nepal’s hydropower sector, which has been growing rapidly in recent years.
Nepal has a potential of 83,000 MW of hydropower capacity, of which only a small fraction has been developed so far.
With the government’s focus on increasing electricity generation and exports, the hydropower sector is expected to continue to grow in the coming years.
However, investors should also be aware of the risks associated with investing in IPOs. IPOs can be volatile and unpredictable, and there is no guarantee of a positive return on investment.
Investors should carefully study the company’s financial reports, management team, and future growth plans before making any investment decisions.
Dolti Power Company IPO is now open to the general people. Therefore, you can apply for this IPO from 04 Falgun 2078 to 08 Falgun 2078 from your Meroshare account. You can also visit the banks for applying this IPO.
Dolti Power Company’s IPO is an exciting opportunity for investors to tap into the growing hydropower sector in Nepal. The company has a proven track record of profitability, and the hydropower sector in Nepal is expected to continue to grow in the coming years.
However, investors should carefully consider the risks associated with investing in IPOs before making any investment decisions.