IPO Result Mero Share -Share Market informative News blog

IPO Result of Bindhyabasini Hydropower Development Company published at the premises of the issue manager Sanima Capital Limited, Naxal, Kathmandu today. A total of 17,89,157 valid applicants applied for a total of 2,01,39,190 units for this IPO. The Bindhyabasini Hydropower IPO issue was oversubscribed by more than 14.75 times. Bindhyabasini Hydropower Development Company offered 15,00,000 units. Out of this, a total of 60,000 units have been allocated for the employees of the company and a total of 75,000 units have been allocated for the mutual funds. The remaining 13,65,000 units are allocated to the general public. Bindhyabasini Hydropower Development Company Limited (BHDCL) was issued 15,00,000 units worth Rs 15 crore as IPO to the general public from Jestha 20 to Jestha 25, 2079. As per the lottery allotment module, a total of 1,36,500 applicants received 10 units each, and the remaining 16,52,657 applicants were returned without any units at IPO Result of Bindhyabasin...