Looking for information on the Mandu Hydropower IPO Result Date and when the final announcement will be made? The company has scheduled a date for the IPO result announcement as the IPO process is coming to a close.
Mandu Hydropower is a Hydropower company in Nepal. Its headquarters is located in Kamaladi Kathmandu, Nepal. The company has been approved by SEBON and will be listed on the Nepal Stock Exchange (NEPSE) soon.
The initial public offering (IPO) was approved on 2080-03-18. The IPO was opened on 2023-08-27 at 10:00 AM and will close on 2023-08-30 at 5:00 PM.
Mandu Hydropower IPO Result Date
The IPO result Date of Mandu Hydropower will be announced probably within the 2nd week of September, i.e. after the end of the issue closed date i.e. after 2023-08-30 at 5:00 PM. The company has issued 1205320 units of shares for the general public.
The minimum share that the general public can fill up was a minimum of 10 units and the maximum was 5000. 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 2023-08-27 at 10:00 AM – 2023-08-30 at 5:00 PM. period.
| Name of Company | Mandu Hydropower |
| Sector | Hydropower |
| Available | For General Public |
| From | 1 |
| To | 13,636,370 |
| No. of Share Registered | 13,636,370 |
| Rate | 100 |
| Amount of Shares Registered | 1,363,637,000 |
| Public Issue Size | 1,636,370 |
| Public Issue Amount | 337,092,220 |
| % of Issued Capital | 12.00% |
| Promoter Share Registered Amount | 1,200,000,000 |
| % of Issued Capital | 88.00% |
| Issue Manager | Prabhu Capital Ltd. |
| Date of Approval | 2080-03-18 |
| Issue Open Date | 2023-08-27 at 10:00 AM |
| Issue Close Date | 2023-08-30 at 5:00 PM |
| No. Of Share Issued | 1205320 |
| Established | 2012 A.D. |
| Headquarters | Kamaladi Kathmandu |
| Minimum Quantity | 10 |
| Maximum Quantity | 50000 |
How to Check the Result of Mandu Hydropower?
The Mandu Hydropower result can be checked online on the CDS and Clearing Limited website or Prabhu Capital Ltd. The applicants can also check the result by logging into Mero Share.
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Conclusion
The Mandu Hydropower IPO Result will be announced within the 2nd week of September 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.