Peoples Hydropower Company Ltd. is a Hydropower company in Nepal. It was established on October 9, 2007, and its headquarter is located in Madhya Marg, Buddhanagar-10, Kathmandu, Nepal.
The company has been approved by SEBON and will be listed on Nepal Stock Exchange (NEPSE).
The initial public offering (IPO) was approved on 2079/05/21. The IPO was opened on 2022-11-11 at 10:00 AM and will get closed on 2022-11-15 at 5:00 PM dates.
Peoples Hydropower Company Ltd. IPO Result Date
The IPO result Date of Peoples Hydropower Company Ltd. will be announced within Wed, Nov 23, 2022, of the issue closed date i.e. after 2022-11-15 at 5:00 PM. The company has issued 5157880 units of shares for the general public.
The minimum share that the general public can fill up was 10 units and the maximum was 100000. The rate of one share is Rs. 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 2022-11-11 10:00 AM – 2022-11-15 5:00 PM. time period.
| Name of Company | Peoples Hydropower Company Ltd. |
| Sector | Hydropower |
| Available | (For Local and General Public) |
| From | 1 |
| To | 32,000,000 |
| No. of Share Registered | 32,000,000 |
| Rate | 100 |
| Amount of Share Registered | 3,200,000,000 |
| Public Issue Size | 8,000,000 |
| Public Issue Amount | 800,000,000 |
| % of Issued Capital | 25% |
| Promoter Share Registered Amount | 2,400,000,000 |
| % of Issued Capital | |
| Issue Manager | Sanima Capital Ltd. |
| Date of Approval | 2079/05/21 |
| Issue Open Date | 2022-11-11 10:00 AM |
| Issue Close Date | 2022-11-15 5:00 PM |
| No. Of Share Issued | 5157880 |
| Established | October 9, 2007 |
| Headquarters | Madhya Marg, Buddhanagar-10, Kathmandu, Nepal |
| Minimum Quantity | 10 |
| Maximum Quantity | 100000 |
How to Check the Result of Peoples Hydropower Company Ltd.?
The result of the People’s Hydropower Company Ltd. can be checked online on the website of CDS and Clearing Limited or on the website of Sanima Capital Ltd. The applicants can also check the result by logging into Mero Share.
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Conclusion
The Peoples Hydropower Company Ltd. IPO Result will be announced within Wed, Nov 23, 2022 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.