Saturday, September 24, 2022

People’s Power Limited IPO Result Date: Check Your Allotment Today

People’s Power Limited IPO result is going to be distributed on 28 August 2022 (Sunday). The IPO allotment of People’s Power is going to be held at the office of securities sales manager Prabhu Capital in Kamaladi, Kathmandu.

An official of the capital informed us that the IPO distribution program is being prepared. This is big news for all those who have invested in or are planning to invest in the company. If you’re one of them, here is all you need to know about the IPO Result date.

People's Power Limited IPO Result Date
People’s Power Limited IPO Result Date
People’s Power Limited IPO Result  Details 
28 August 2022 (Sunday) (Around 9 AM) Link1: Check from Mero share Around 11 AM 

Link2:Prabhu Capital Limited Check

Here’s all you need to know about the upcoming IPO Result date including the company profile, result checking process and platform for it.

People’s Power Limited IPO Result Date

The price per unit for this IPO was Rs 100. You were able to apply for only 10 units due to this reason of less amount of shares. The maximum number of units you can apply for this IPO is 1000.

S.N People’s Power Limited IPO Result Details
1 Company Sector Hydropower
2 Issue Manager Prabhu Capital Limited
6 Price per Unit Rs 100
7 Suitable to Apply (General Public) 10 Units
9 Maximum units apply (Kitta) 1000 units

The company has issued 24 lakh 67 thousand 400 shares of face value 100 per share. Out of this, 2 per cent i.e. 49 thousand 348 shares have been reserved for the employees of the company while 5 per cent i.e. 123 thousand 370 shares have been allocated to collective investment funds. The general public can apply for the remaining 22 lakh 94 thousand 682 shares.

People’s Power Limited IPO Result Today

The People’s Power Limited IPO Result is going to be Published soon. The IPO of People’s Power Limited was open for subscription. If you are wishing for investment, then you can apply for the IPO through the Nepal Stock Exchange online system.

Due to more applications than the demand, this IPO will also be distributed through round robin. According to which, 29,468 lucky people will get shares at the rate of 10 shares. 2 of those lucky people will get an additional 1 share each. According to this calculation, 13 lakh 76 thousand more hands will be empty.

The process is simple and requires only a few minutes to complete. In order to apply, you will need to provide your personal information and select the number of shares you wish to purchase. You will also need to upload a copy of your citizenship certificate or passport.

Check People’s Power Limited IPO Result Time and Date

This company opened the IPO sale for the general public from July 31st to August 5th. The company has opened the IPO sale of a total of 24 lakh 67 thousand 400 shares of 100 marked rate.

Out of the total shares, 123 thousand 370 shares representing 5 per cent of the collective investment fund and 49 thousand 348 shares representing 2 per cent were allocated for employees. In the remaining 22 million 94 thousand 682 shares, common people have applied for purchase.

People’s Power Limited IPO Result from iporesult.cdsc.com.np

The People’s Power Limited IPO will be graded on the basis of a number of different factors, including the company’s financial stability, management quality, and growth potential.

An independent agency will conduct the grading, and the results will be released to the public. This will help investors make an informed decision about whether or not to invest in the company.

The grading will depend on a number of factors, including the company’s financial stability, the quality of its products and services, and its marketing and management strategies.

The IPO will also be graded based on how it compares to similar companies in terms of size, profitability, and growth potential.

People’s Power Limited IPO Result from Meroshare Check

The People’s Power Limited IPO Result Date is scheduled for 28 August 2022 (Sunday). This is the fixed date, and you can check your IPO result Around 12 PM.

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