Check IPO Result of Bindhyabasini Hydropower Development Company

How To Check IPO Result of Bindhyabasini Hydropower Development Company Limited. Check IPO Result of Bindhyabasini Hydropower Development Company

How To Check IPO Result

Bindhyabasini Hydropower Development Company

Check IPO Result of Bindhyabasini Hydropower Development Company: The shares issued by Bindhyabasini Hydropower Development Company Limited have been distributed (IPO Result / IPO Allotment) on 17th June 2022, Friday. The shares were distributed at the office of Sanima Capital, the company's share issue and sale manager.

The IPO of the company had received 17 lakh 91 thousand 895 applications. Of them, 2 thousand 738 applications have been rejected. Accordingly, 17 lakh 89 thousand 157 eligible applications have been received.

Useful Links:

• Click Here To View TMS Broker List in Nepal
• How to Renew Your Meroshare & DEMAT Account
• Reason for IPO Share Rejection
• List of Upcoming IPO Share in Nepal

How to Check Bindhyabasini Hydropower Development Company Limited IPO Result:

You have to follow the following instruction to fast check the IPO result of Bindhyabasini Hydropower Development Company Limited:

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

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

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 Bindhyabasini Hydropower Development Company:

• Sanima Capital Limited Website: IPO Result Bindhyabasini Hydropower Development Company Limited
• CDSC IPO Result: https://iporesult.cdsc.com.np
• Mero Share 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 a lucky draw as per the SEBON Issuance and Distribution Directive. While distributing shares at the rate of minimum 10 units, only one lakh 36 thousand 500 people have received 10 lots of shares. The company had issued 1.5 million ordinary shares with a face value of Rs 100 per share.

Out of that, 4 percent or 60,000 shares have been reserved for the employees and 5 percent or 75,000 shares have been distributed in the collective investment fund. Only the remaining 1.365 million shares have been distributed to the public.