IPO Result Published: Mandu Hydropower Limited

IPO result of Mandu Hydropower Published

The IPO result of Mandu Hydropower Limited was published on the 10th of September 2023 at around 10:00 a.m. on the building of issue manager Prabhu Capital Limited, Kathmandu.

As the IPO was oversubscribed by 7.81 times, only 1,20,532 Applicants were allotted 10 Units Each via Lottery. You can now check your IPO result in Nepal through CDSC, Meroshare, Apps, or Prabhu Capital’s website.

And the remaining 7,52,305 applicants will soon get their amount refunded to their bank accounts.

I suggest you choose a CASBA Free bank as they will not charge you any amount. Banks will deduct rs. 5 per IPO application if they are not providing CASBA for free.

Check IPO Result of Mandu Hydropower Limited

Check IPO result of Mandu Hydropower IPO
Steps to check Mandu Hydropower IPO result
CompanyMandu Hydropower Limited
ICRA Nepal rating[ICRANP-IR] BBB-
Result Date10th September 2023
No. of Application14,60,061 Application
No. of Winners (Nepal)12,05,32 people
General Public (Nepal)12,05,320 unit
Project-affected locals272,730 unit
Foreign Employment136,364 units
Employee & Mutual Fund72133 and 28853 units
Units Alloted /Applicants10
Price Per ShareRs. 206
(Rs 100 FV + Rs 106 premium price)
Total PriceRs. 2060
Mandu Hydropower Limited IPO Report

Checking your IPO result through CDSC’s website is the easiest. All you need to do is,

  1. First, Visit https://iporesult.cdsc.com.np/
  2. Choose Sun Life Insurance.
  3. Enter your 16-digit BOID Number.
  4. Type Captcha
  5. Click on Check

This is the official webpage of CDSC, and You can also log in to your Meroshare account from the web.

You can use mobile apps from the list below to check your IPO result:

  1. Meroshare app
  2. ShareHub
  3. IPO Result – Nepali Mero Share
  4. Nepali Paisa
  5. Hamro Share
  6. Nepal Share

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