Samling Power Company IPO Result Check Now (2078/2021)

Samling Power Company is publishing its IPO Result on 02 November 2021. On the Nepalese Calendar, it is on the 16 Kartik 2078. Check Samling Power IPO Result from the below links.

Company Name of IPO Result Date of IPO
Samling Power Company Limited IPO for the general public 02 November 2021/ 16 Kartik 2078

The lucky candidates applying for this IPO are getting 10 units each.

The IPO of Samling Power Company was concluded on the Kartik 09 this year. It is now preparing for the publication of IPO Result this Tuesday on November 02. You can check your result via Mero share, IPO Results, and the issue managers’ website.

Samling Power Company IPO Result for General Public

Samling Power Company is publishing its IPO Result on 02 November 2021. On the Nepalese Calendar, it is on the 16 Kartik 2078. Investors can check the results of Samling Power Company  IPO on Tuesday from 10:30AM according to the issue manager.

Result Portal Check IPO Results
IPO Result Mero share Check Here

Samling Power Company IPO For General Public 

Samling Power Company is opening an IPO of  7,30,000 units for the general public from 04 Kartik to 08 Kartik 2078. The general public can apply in the 2nd phase from the Mero share account. The date is fixed according to Nepal SBI Merchant Banking Limited and it is announced for 04 Kartik onwards.

S.N Company IPO details Details
1 Company Sector Hydropower
2 Issue Manager Nepal SBI Merchant Banking Limited
3 Open IPO Date 04 Kartik 2078
4 Close IPO Date 04 Kartik 2078
5 Late Close IPO Date 18 Kartik 2078
6 Total No of Units 12,30,000 units
7 Suitable to Apply (Locals) 10 Units
8 For general public 7,30,000 units
9 Locals 5,00,000
10 Price per Unit Rs 100
11 Suitable to Apply (General Public) 10 Units
12 Rating by ICRANP BB-
13 Maximum units apply (Kitta) 1000 units

Samling Power Company IPO for Local 

Samling Power Company distributed the result of this IPO to locals on 7 October 2021. Nepal SBI Merchant Banking Limited completed the IPO distribution on 20 Ashoj 2078.

Samling Power Company distributed ordinary shares to the residents of most project-affected areas of Ilam Municipality. those include 8 and 10 wards and Maijogmai Village Municipality.

Those eligible applications were 3,255 people were received for the allotment of the shares for the project’s most affected area. The applicants of this group have received a minimum of 10 lots and a maximum of 80 lots of shares.

Samling Power Company No of Investors
Total Allotted on (most affected 8 and 10 wards ) 3,255 (10 to 80 shares)
Total Allotted (affected 4 and 5 wards) 17,789 (10 to 20 shares)

The fewer project-affected wards are 4 and 5 and the locals of project-affected Ilam. There were 17,789 eligible applications for the shares allotted for the locals, out of which the applicants received a minimum of 10 lots and a maximum of 20 lots of shares.

The Shares will be placed on DEMAT after it is listed on NEPSE. The company had issued a total of 500,000 ordinary shares with a face value of Rs 100 per share.

Samling Power Company IPO Local Result

Along with the distribution of ordinary shares in the first phase, the company has also started final preparations to issue ordinary shares to the general public from 04 Kartik. See Details from the below link.

See Also: Samling Power Company IPO for General Public (2078/2021)

Samling Power Company IPO For Locals 

Samling Power Company IPO for locals is opening from 18 Bhadra 2078 to 1 Ashoj 2078. It was opened on 22 Shrawan 2078, but at that time the crowd in banks caused it to postpone till 18 Bhadra 2078.

Later it is opened for locals from 18 Bhadra to 1 Ashoj 2078. It is initially open for the local people. After the IPO is issued in two phases, first to locals and then to the general public.

The local people can apply in the 1st phase through bank visits. The alternative method of applying this IPO for local people is through eSewa.

S.N Company IPO details Details
1 Company Sector Hydropower
2 Issue Manager Nepal SBI Merchant Banking Limited
3 Open IPO Date 22 Shrawan 2078/ Re-opened 18 Bhadra 2078
4 Close IPO Date 04 Bhadra 2078/ 01 Ashoj 2078
5 Late Close IPO Date 17 Ashoj 2078 /(if not subscribed)
6 Total No of Units 12,30,000 units
7 Suitable to Apply (Locals) 100 Units
8 For general public 7,30,000 units
9 Locals 5,00,000 units
10 Price per Unit Rs 100
11 Suitable to Apply (General Public) 10 Units
12 Rating by ICRANP BB-
13 Maximum units apply (Kitta) 1000 units

How to apply this IPO for Locals?

This IPO can be applied by two methods. These methods are listed below:

  • By visiting the listed bank’s branches

You can visit the nearest bank branches where the IPO is authorized by the company and C-ASBA branches of listed banks.

  • By using an e-Sewa account

Applying IPO from e-Sewa can be easy and time-saving. So, the People living abroad from this district can apply using e-sewa. The step by step method is as:

Samling Power IPO date

  1. Go to esewa.com.np  in the browser or open the e-Sewa app
  2. Search for Samling Power Company IPO from the top search bar in e-Sewa
  3. You can also see IPO in popular services.
  4. Click on the Samling Power Company IPO
  5. Fill in all the details.
  6. Submit the form

The conclusion from the post

This IPO is now open for local people in 1st phase. Therefore, the IPO for the general public will be open after some days when this local phase is over. Samling Power Company IPO for locals is opening the IPO for the general public from 04 Kartik to 08 Kartik. This IPO is now open for the general public in 2nd phase.

The shares that will be issued to the general public has been rated by ICRA Nepal Limited has assigned an [ICRANP] IPO BB-.

Ashok Nath
Ashok Nathhttps://easytipstutorial.com/author/ashok-nath
Ashok Nath is a content creator in easytipstutorial.com. He likes to write tips and tutorials on different kinds of difficulties that people face day to day life.

Related Articles

3 COMMENTS

    • Hello Pramod!!
      Results for Samling Power Company IPO will be launched liked after the conclusion of the IPO application (nearly after 8 Kartik 2078). Please be updated that after the IPO conclusion the pre-allotment program starts. The final allotment starts after a few days (nearly 2 to 3 days)of the pre-allotment programme. Let’s wait for the IPO to get closed first.

Leave a Reply to Pramod Cancel reply

Please enter your comment!
Please enter your name here

- Advertisement -

Latest Articles