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Molung Hydropower Company Ltd. IPO Result Date

Molung Hydropower Company Ltd. IPO Result Date is a Hydropower company in Nepal. Its headquarter is located in Rabibhawan, 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 2079-08-15. The IPO was opened on 2023-02-16 10?AM:00 and will close on 2023-02-22 5?PM:00

Molung Hydropower Company Ltd. IPO Result Date IPO Result Date

The IPO result Date of Molung Hydropower Company Ltd. IPO Result Date will be announced probably within the 4th week of February, i.e. after the end of the issue closed date i.e. after 2023-02-22 5?PM:00. The company has issued 2264655 units of shares for the general public.

Molung Hydropower Company Ltd. IPO Result Date

The minimum share that the general public can fill up was a minimum of 10 units and the maximum was 8000. The rate of one share is 100.

Allotment of Shares of Molung Hydropower Company Ltd. IPO Result Date

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 2023-02-16 10:00 AM – 2023-02-22 5:00 PM. period.

Name of CompanyMolung Hydropower Company Ltd.
SectorHydropower
AvailableFor General Public
From1
To8,025,000
No. of Share Registered8,025,000
Rate100
Amount of Shares Registered802,500,000
Public Issue Size3,531,000
Public Issue Amount353,100,000
% of Issued Capital44%
Promoter Share Registered Amount449,400,000
% of Issued Capital 56%
Issue ManagerSunrise Capital Ltd.
Date of Approval2079-08-15
Issue Open Date2023-02-16 10?AM:00
Issue Close Date2023-02-22 5?PM:00
No. Of Share Issued2264655
Established2010
HeadquartersRabibhawan, Kathmandu
Minimum Quantity10
Maximum Quantity8000

How to Check the Result of Molung Hydropower Company Ltd. IPO Result Date?

The Molung Hydropower Company Ltd. result can be checked online on the CDS and Clearing Limited website or Sunrise Capital Ltd. The applicants can also check the result by logging into Mero Share.

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Conclusion

The Molung Hydropower Company Ltd. IPO Result Date IPO Result will be announced within the 4th week of February 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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