Check Emerging Nepal Limited IPO Result

How to Check IPO result. Emerging Nepal Limited IPO Result. Check Here Online. iporesult.cdsc.com meroshare

Emerging Nepal Limited IPO Result

The IPO issued by Emerging Nepal Limited to the public has been distributed / IPO Result published. NIC Asia Capital, the issuer and sales manager of the IPO company, which was issued by the company on Magh 26 to Falgun 31, has distributed the shares in Carnival Restaurant, Anamnagar. In the IPO of Emerging Nepal Limited, 2,331,258 applicants had applied for 2,64,30,330 shares worth Rs 2.64 billion. Out of the total applicants, 2 thousand 552 applications have been rejected. Accordingly, 26.4 million 1 thousand 970 shares have been demanded from 23 lakh 28 thousand 206 eligible applicants. This is 51.15 times more than the shares issued by the company to the public.

Useful Links:

How to Check Emerging Nepal Limited IPO Result:

You have to follow the following instruction to fast check the IPO result of Emerging Nepal 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.

Other Ways to Check IPO Result of Emerging Nepal Limited:

NIC ASIA Capital Limited Website: IPO Result Emerging Nepal Limited
CDSC IPO Result: https://iporesult.cdsc.com.np
MeroShare Official Website: https://www.meroshare.cdsc.com.np

As more applications were received for the shares of the company than the demand, the shares have been distributed at the rate of at least 10 units through round-robin as per the Securities Issuance and Distribution Directive. Accordingly, 51,670 of the eligible applicants for the company's IPO have distributed 516,700 shares at the rate of at least 10 units.

The remaining 8 lots of shares have been distributed in this way and out of the same lots, 20 lots have been distributed to 8 applicants at the rate of one lot each. Accordingly, the applicant who gets maximum shares has got up to 11 shares.

Out of the total 555,000 shares issued by the Emerging Nepal Limited, 2 percent or 11,112 shares were secured for the employees and 5 percent or 27,780 shares for the collective investment funds were secured and the remaining 516,708 shares were opened for sale to the public.

At present, the paid-up capital of the Emerging Nepal Limitedis Rs. 504 million. The paid-up capital of the company will reach Rs. 555.6 million after the IPO allotment.