Peoples Hydropower IPO Result | Check IPO Result of Peoples Hydropower

Peoples Hydropower IPO Result

Peoples Hydropower IPO Result

People’s Hydropower Company Limited has begun issuing its ordinary shares to the general public from Kartik 25 – 29The company will issue over 566,390 shares, including the unsold 806,390 units reserved for people of affected areas, at a price of Rs 100 per share.

According to a ‘public appeal letter,’ 168,190 shares will be allotted to the company’s employees and 280,320 shares will be distributed to the collective investment fund out of the issued shares. The remaining 5,157,880 shares will be available to apply to the general public.

Investors can apply for a minimum of 10 shares and a maximum of 100,000 shares in the shares to be sold to the general public beginning November 15, and continuing through November 25 if no applications are received within that time. Investors can apply through the ASWA system through subscribing banks and financial institutions licensed by the Securities Board of Nepal, as well as through the website and mobile app ‘Mero Share.’

The company is building a 54-megawatt Super Dordi hydropower ‘B’ project using the flow of the Dordi, Purmu, and Churmu rivers in Lamjung’s Dordi Rural Municipality. The issue and sale manager is Sanima Capital Limited.

Check also: ipo result.cdsc.com.np

How to check Peoples Hydropower IPO Result

You can go directly to the CDSC Mero share IPO result site – iporesult.cdsc.com.np – and follow the step-by-step guide below to check the IPO result of Peoples Hydropower:

Step 1: Go to IPO Result Check Website iporesult.cdsc.com.np

Step 2: Click on the “Select Company” Button

Step 3: Select Peoples Hydropower Company from Drop Down Menu

Step 4: Enter your 16-digit BOID Number

Step 5: Enter the captcha to Verify

Step 6: Click on View Result Button

Now your Result will be shown on your screen. If it has alloted for you it will show a “Congratulation” message otherwise if it has not alloted for you it will show the “Sorry, not alloted for the entered BOID” message. Please make sure that you have entered the correct details into it.

How to Check People’s Hydropower IPO Result via Sanima Capital?

You can check your Peoples Hydropower IPO result through Sanima Capital by the following steps:

  1. Go to the Sanima Capital IPO allotment result page on sanima.capital/ipo
  2. Click on the Company Name Button
  3. Select Peoples Hydropower Company from the drop-down menu
  4. Enter your 16-digit BOID number to check the IPO allotment.
  5. Click on the ‘Check’ button.

Now your Result will be shown on your screen. If it has alloted for you it will show a “Congratulation” message otherwise if it has not alloted for you it will show the “Sorry, not alloted for the entered BOID” message. Please make sure that you have entered the correct details into it.

Check Also: cdsc ipo result

About Peoples Hydropower Company Limited

The Peoples Hydropower Company Private Limited (PHCL) was formed as a private company on Ashwin 22, 2064 (Oct 09, 2007) under Nepal’s Company Act 2063. The Company’s supporters include individuals from several disciplines interested in hydropower development. The company’s primary goal is to develop hydropower projects in Nepal. According to the Company Act 2006 BS, the company was converted from private to public limited on February 27, 2019. The total number of stockholders in the company is currently around 2,458. The Company’s authorized and issued capital is NRs. 3 Arab 20 Crores.

Check IPO Result Mero share cdsc

Check ipo result mero share cdsc from meroshare.cdsc.com.np

Step1: Go to meroshare.cdsc.com.np site

Step 2: From the drop-down menu, select the name of your bank.

Step 3: Enter your Username and Demat Password

Step 4: Click on the Login button to login into your account

Step 5: Go to the My ASBA option and click on the application report

Step 6: Now you can see your result that IPO has been allotted to you or not.

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