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
| Information | Detail |
|---|---|
| Company | Mandu Hydropower Limited |
| ICRA Nepal rating | [ICRANP-IR] BBB- |
| Result Date | 10th September 2023 |
| No. of Application | 14,60,061 Application |
| No. of Winners (Nepal) | 12,05,32 people |
| General Public (Nepal) | 12,05,320 unit |
| Project-affected locals | 272,730 unit |
| Foreign Employment | 136,364 units |
| Employee & Mutual Fund | 72133 and 28853 units |
| Units Alloted /Applicants | 10 |
| Price Per Share | Rs. 206 (Rs 100 FV + Rs 106 premium price) |
| Total Price | Rs. 2060 |
Checking your IPO result through CDSC’s website is the easiest. All you need to do is,
- First, Visit https://iporesult.cdsc.com.np/
- Choose Sun Life Insurance.
- Enter your 16-digit BOID Number.
- Type Captcha
- 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:
- Meroshare app
- ShareHub
- IPO Result – Nepali Mero Share
- Nepali Paisa
- Hamro Share
- Nepal Share
