In this article, we will discuss the Dolti Power Company IPO Result Date and what investors can expect from the announcement. As the IPO process is nearing its end, the company has set a date for the IPO result announcement.
Dolti Power Company is a Hydropower company in Nepal. Its headquarter is located in Dailekh, Nepal, Nepal. SEBON has approved the company and will be listed on Nepal Stock Exchange (NEPSE) soon.
The initial public offering (IPO) was approved on 2079-10-16. The IPO was opened on 2023-04-11 at 10:00 AM and will close on 2023-04-16 at 5:00 PM
Dolti Power Company IPO Result Date
The IPO result Date of Dolti Power Company will probably be announced within the 4th week of April, i.e. after the end of the issue closed date i.e. after 2023-04-16 at 5:00 PM. The company has issued 1271861 units of shares for the general public.
The minimum share that the general public can fill up was minimum of 10 units and the maximum was 10000. The rate of one share is 100.
The allotment of shares will be done via a lottery system/lucky draw. The shares will be allotted to the applicants who have applied for the IPO within the 2023-04-11 at 10:00 AM – 2023-04-16 at 5:00 PM. period.
| Name of Company | Dolti Power Company |
| Sector | Hydropower |
| Available | For General Public |
| From | 1 |
| To | 5,364,860 |
| No. of Share Registered | 5,364,860 |
| Rate | 100 |
| Amount of Share Registered | 536,486,000 |
| Public Issue Size | 1,609,458 |
| Public Issue Amount | 160,945,800 |
| % of Issued Capital | 30.00% |
| Promoter Share Registered Amount | 375,540,200 |
| % of Issued Capital | 70.00% |
| Issue Manager | NIC Asia Capital Ltd |
| Date of Approval | 2079-10-16 |
| Issue Open Date | 2023-04-11 at 10:00 AM |
| Issue Close Date | 2023-04-16 at 5:00 PM |
| No. Of Share Issued | 1271861 |
| Established | 2013 AD |
| Headquarters | Dailekh, Nepal |
| Minimum Quantity | 10 |
| Maximum Quantity | 10000 |
How to Check the Result of Dolti Power Company IPO Result Date?
The Dolti Power Company result can be checked online on the CDS and Clearing Limited website or NIC Asia Capital Ltd. The applicants can also check the result by logging into Mero Share.
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Conclusion
The Dolti Power Company IPO Result will be announced within the 4th week of April 2023, i.e. after the closing date. The allotment of shares will be done eventually and the banks will make the refund if it is not allotted.