Ingwa Hydropower IPO Result Date

This article will discuss the Ingwa Hydropower 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.

Ingwa Hydropower is a Hydropower company in Nepal. Its headquarter is located in Thapathali, Kathmandu, Nepal. The company has been approved by SEBON and will be listed on Nepal Stock Exchange (NEPSE) soon.

The initial public offering (IPO) was approved on 2079-11-02. The IPO was opened on 2023-04-26 at 10:00 AM and will close on 2023-04-30 at 5:00 PM.

Ingwa Hydropower IPO Result Date

The IPO result Date of Ingwa Hydropower will be announced probably within the 2nd week of May, i.e. after the end of the issue closed date i.e. after 2023-04-30 at 5:00 PM. The company has issued 1268639 units of shares for the general public.

Ingwa Hydropower IPO Result Date

The minimum share that the general public can fill up was a minimum of 10 units and the maximum was 20000. The rate of one share is 100.

Allotment of Shares of Ingwa Hydropower

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 2023-04-26 at 10:00 AM – 2023-04-30 at 5:00 PM. period.

Name of CompanyIngwa Hydropower
AvailableFor General Public
No. of Share Registered6,000,000
Amount of Share Registered600,000,000
Public Issue Size1,800,000
Public Issue Amount180,000,000
% of Issued Capital30.00%
Promoter Share Registered Amount420,000,000
% of Issued Capital70.00%
Issue ManagerNepal SBI Merchant Banking Ltd
Date of Approval2079-11-02
Issue Open Date2023-04-26 at 10:00 AM
Issue Close Date2023-04-30 at 5:00 PM
No. Of Share Issued1268639
Established2066 B.S
HeadquartersThapathali, Kathmandu
Minimum Quantity10
Maximum Quantity20000

How to Check the Result of Ingwa Hydropower?

The Ingwa Hydropower result can be checked online on the CDS and Clearing Limited website or Nepal SBI Merchant Banking Ltd. The applicants can also check the result by logging into Mero Share.

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The Ingwa Hydropower IPO Result will be announced within the 2nd week of May 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.

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