Terhathum HydroPower IPO Result Opening in 25 Bhadra [IPO Result Notice 2021]

Terhathum HydroPower Company Limited is a hydropower company in Nepal. It is issuing an IPO of 12,00,000 (12 Lakhs) units from 20 July 2021 to 03 August 2021. This amount is 30% of the company’s paid-up capital.

IPO Result of Terhathum Hydropower Company 2078/2021

Terhathum Power Co. Ltd. IPO result is going to be published in Nepal after the pre-allotment program conducted by the Issue manager: NIBL ​​Ace Capital Limited.

According to the Issue manager, the pre-allotment program is being conducted inside the organization and soon will be completed up to Sunday.

After the completion of the pre-allotment program, the result will be published within the second day or the next day of the pre-allotment sooner.

IPO Share Name Pre-allotment date IPO Result Date
Terhathum Hydropower Company 21 to 24 Bhadra 25 Bhadra 2078

Check IPO Result of Terhathum Power Company

The pre-allotment programme was finished in the earlier days. The allotment programme has been conducted around 10 AM on Friday. Now the result is to be uploaded on the online websites.

The result of this IPO usually becomes available on the Meroshare and NIBL website around 1 PM to 2PM today.But today they didn’t upload it. Let’s wait till 5 PM today

If you dont know where to check the result, then I have attached the two links below. You cna click on the following link.

IPO Share Name Meroshare Result NIBL Ace Capital Result
Terhathum Hydropower Company Limited (7:40 PM) iporesult.cdsc.com.np(Working) result.niblcapital.com

Terhathum Hydropower IPO For Local People of Terhathum

It is opening an Initial Public Offering (IPO) to the locals and general public from 5 Shrawan 2078 to 19 Shrawan 2078 of the Nepalese calendar. The issue and sale manager of the company is NIBL ​​Ace Capital Limited.

1st Phase for Locals and employees

The first phase is for the local peoples of the project situated district and the companies employees. The units divided by local people and employees are 4,00,000 (4 lakh) units out of the total 12,00,000 (12 lakh) units.

Those people living temporarily in other places but have certificates of origin (citizenship) from the Terhathum district can apply for IPO from 5 Shrawan 2078 or 20 July 2021.

S.N Terhathum HydroPower Co. Ltd. Details
1 Company Sector Hydropower
2 Issue Manager NIBL Ace Capital Ltd
3 Open IPO Date 5 Shrawan 2078
4 Close IPO Date 19 Shrawan 2078
6 No of Units 4,00,000 (4 Lakhs)
7 Suitable to Apply 10 Units
10 Price per Unit Rs 100
11 Suitable to Apply (Kitta) 10 Units
12 Rating by ICRANP-IR Grade 4+ (Below Average)
13 Maximum units (Kitta) 1000 units

This IPO will be opening in two phases. One (1st) for Locals of  Terhathum district who are currently living there as well as people who are temporarily living in another part of the country. They have citizenship of Terhathum districts project-affected wards.

Terhathum Hydropower IPO For General Public

Terhathum Power Co. Ltd. is opening its IPO for the general public from 9 Bhadra 2078 to 13 Bhadra 2078. It is issuing 8Lakhs units of ordinary shares for the general public.

The second (2nd) phase is for the general public. All people from different parts of the country can apply for IPO from any location in the country.

2nd Phase for the general public

The second phase is for the general public. The units for the general public out of  12,00,000 (12 lakhs), only 8,00,000 (8 lakhs) units are for the general public.

The ordinary shares with a face value of Rs 100 per share for the residents of the Terhathum district. It is for the residents of the project affected areas.

S.N Terhathum Hydropower Co. Ltd. Details
1 Company Sector Hydropower
2 Issue Manager NIBL Ace Capital Ltd
3 Open IPO Date 09 Bhadra 2078
4 Close IPO Date 13 Bhadra 2078
6 No of Units 8,00,000 (8 Lakhs)
7 Suitable to Apply 10 Units
8 For general public 8,00,000 (8 Lakhs)
10 Price per Unit Rs 100
11 Suitable to Apply (Kitta) 10 Units
12 Rating by ICRANP-IR Grade 4+ (Below Average)
13 Maximum units (Kitta) 1000 units

Minimum Units (Kitta) to apply on Terhathum HydroPower IPO

Investors will be able to apply for a minimum of 10 units and a maximum of 60,000 lots to purchase the shares. If the application is not received within that period, the eviction period will be extended till 20 September 2021.

Rating of Terhathum HydroPower IPO

In the credit rating issued for IPO issuance, ICRA Nepal has given the company rating Grade 4+ (Below Average) with a medium risk in terms of timely fulfilment of financial obligations.

Where to apply for Terhathum HydroPower IPO for local people?

First of all the IPO will be available for Local People of the place where the Project is being constructed and Employees of the Terhathum Power Company.

The branches from which IPO can be applied are listed below:

  1. Machhapuchhre Bank’s Hile
  2. Dhankuta Branch Office
  3. Nepal Bangladesh Bank’s Sakranti, Phedap, Chhathar, Sidhuwa, Sangurigadhi and Rajarani Branch Offices,
  4. Global IME Bank’s Jiri Khimti Branch, Manglung, Terhathum and Hydropower Project Site Menchyayema ​​Village Municipality, Terhathum.

Where to apply for Terhathum HydroPower IPO in the general public?

After the result of that IPO of the First phase is published, then the general public will be issued. The IPO for the general public will be available on the Meroshare platform.

It can be found inside Apply for Issue of My ASBA once after the result of IPO for locals and employees is published.

Frequently Asked Questions (FAQs):

1. Can I apply for Terhathum Power IPO on the first day of the issue?

Yes. you can apply on the first day of the IPO issue if you are local of the IPO located place. You cannot apply on 20 July or on the first day of the IPO issue if you are not either employee or a local of Terhathum.

But you can apply on the 2nd phase after the result of the 1st phase is published almost from 26 or 27 July.

2. When will Terhathum Power IPO be available for the general public to apply?

Terhathum Power IPO will be available from 26 July onwards after the result of the 1st phase is published.

3. I am from the Terhathum district, Can I apply for IPO on 19 June?

Yes. you can apply for the issue on the first day i.e. 20 july as you are local of the IPO located place.

4. How much is the cost per unit of share of Terhathum IPO?

The cost per unit of share of Terhathum IPO is Rs 100 Nepalese currency.

Terhathum HydroPower IPO Result Check Online

You can check your IPO result of Terhathum HydroPower IPO mainly from two websites. One is the Issue manager’s website and another is the CDSC/ Meroshare website.

IPO result in Nepal from Mero share Result Portal:

We can check IPO results from the CDS result in the website portal in 5 steps easily.

The efficient way to check results from the Mero shares IPO result portal follow the following steps.

  1. Go to the CDS and Clearing Limited website.
  2. Select Terhathum Hydropower Company from the drop-down list.
  3. Enter your 16-digit BOID (Demat number).
  4. Click on View Result.
  5. See the Message below the button.

Congratulations Allotted!!! Allotted quantity: (XXXX) is for successfully allotted.

OR

Sorry, not allotted for the entered BOID for unsuccessful allocation of IPO units.

IPO Result from Issue Manager company’s Website:

IPO Result is easy to check from the Issue Manager Company’s website, you must know the Issue Manager of the IPO in which you applied. Then follow the following steps carefully.

Terhathum HydroPower IPO Result

NIBL ACE LTD is an issue manager for Terhathum Hydropower IPO. The most used method to check IPO results from this website, you can do the following steps to check IPO Results from NIBL ACE Limited’s Website:

  1. Go To NIBL ACE LTD’s IPO Result Page.
  2. Select Terhathum Hydropower Company from the list.
  3. Enter your 16-digit BOID (Demat number).
  4. Click on View Result.
  5. See the Message of the result.

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