Manakamana Engineering Hydropower IPO Result Date

Searching for the Manakamana Engineering Hydropower IPO Result Date and the final announcement date? As the IPO process is nearing its end, the company has set a date for the IPO result announcement.

Manakamana Engineering Hydropower is a Hydropower  company in Nepal. Its headquarter is located in Anamnagar, 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 2080-03-05. The IPO was opened on 2023-08-13 at 10:00 AM and will close on 2023-08-16 at 5:00 PM.

Manakamana Engineering Hydropower IPO Result Date

The IPO result Date of Manakamana Engineering Hydropower will be announced probably within the 4th week of August, i.e. after the end of the issue closed date i.e. after 2023-08-16 at 5:00 PM. The company has issued 2276620 units of shares for the general public.

Manakamana Engineering Hydropower IPO Result Date

The minimum share that the general public can fill up was a minimum of 10 units and the maximum was 100000. The rate of one share is 100.

Allotment of Shares of Manakamana Engineering 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 2023-08-13 at 10:00 AM – 2023-08-16 at 5:00 PM. period.

Name of CompanyManakamana Engineering Hydropower
AvailableFor General Public
No. of Share Registered8,000,000
Amount of Shares Registered800,000,000
Public Issue Size2,800,000
Public Issue Amount280,000,000
% of Issued Capital35.00%
Promoter Share Registered Amount520,000,000
% of Issued Capital65.00%
Issue ManagerB.O.K. Capital Market Ltd.
Date of Approval2080-03-05
Issue Open Date2023-08-13 at 10:00 AM
Issue Close Date2023-08-16 at 5:00 PM
No. Of Share Issued2276620
Established2067 B.S.
HeadquartersAnamnagar, Kathmandu
Minimum Quantity10
Maximum Quantity100000

How to Check the Result of Manakamana Engineering Hydropower?

The Manakamana Engineering Hydropower result can be checked online on the CDS and Clearing Limited website or B.O.K. Capital Market Ltd. The applicants can also check the result by logging into Mero Share.

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The Manakamana Engineering Hydropower IPO Result will be announced within the 4th week of August 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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