How To Check IPO Result - Terhathum Power Company Limited

How To Check IPO Allotment Result of

Terhathum Power Company Limited

Terhathum Power Company Limited has concluded the IPO issue of 8,00,000 units shares today. The issue had opened on Bhadra 9. Out of the offered 8,00,000 units; 2% of the total offered shares to the general public i.e. 16,000 units were set aside for the employees of the company and 5% for mutual funds. The remaining 7,44,000 units were for the general public. NIBL Ace Capital Limited was appointed as the issue manager for the IPO issuance. According to the issue manager, 23,57,009 applicants have applied for a total of 3,12,54,220 units.

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Note: Check your IPO result from below links (After Published):

Check IPO Result (NIBL Ace Capital Limited)
Check IPO Result (MeroShare - IPO Result)
Check IPO Result (Mero Share Profile)

How to Check Terhathum Power Company Limited IPO Allotment (Result):

You have to follow the following instruction to fast check the IPO result of Terhathum Power Company Limited:

Step 1: Log on to www.iporesult.cdsc.com.np

Step 2: You will see this type of interface on your device.

How to Check Jeevan Bikas Laghubitta IPO Allotment (Result):

Step 3: Type your 16 digit BOID Number (Beneficial Owner Identification Number)

Step 4: Click on View Result Tab.

Finally, you will get the result message on the interface.

Tehrathum Power Company has opened IPO sales to the public from Bhadra 9 today to Bhadra 13. The company has issued 800,000 shares to the public. Of which, 40,000 shares, which will be 5 percent, have been distributed for mutual funds, while 2 percent or 16,000 shares have been allotted for 16,000 employees. The general public will be able to apply for the remaining 744,000 lots.

Out of the total 1,200,000 units, 4 lakh is already issued to the locals of the project affected area and the rest 20% i.e. 8 lakh units will be issued to the general public. After the IPO is issued in two phases, first to locals and then to the public, the promoter: public shareholding ratio of the company will be 70:30, and paid-up capital will be Rs 40 crore. The IPO proceeds have been planned to be utilized towards the development of the 7.5-MW Upper Khorunga Small Hydropower Project. Incorporated on August 16, 2009, as a private limited company, Terhathum Power Company Limited (TPCL) was converted to a public limited company on June 21, 2018.