Shivam Cement IPO Allotment Result - All Valid Applicants Allotted as per Demand Upto 5.220 Unit Shares!

IPO ALLOTMENT:

Shivam Cements Limited (SCL) has successfully concluded its initial public offer (IPO) on Wednesday morning 10:30 AM onwards today, 6th March 2019 (22nd Falgun 2075). The company had floated 2% shares of the its issue capital, that is, 8,80,000 unit shares at a face value of Rs 200 per unit share to the project affected locals and 10%, that is, 44,00,000 unit shares at a face value of Rs 300 per unit shares to the general public, initially for four working days, starting from Monday 18th February 2019 (6th Falgun 2075) to Thursday 21st February 2018 (9th Falgun 2075), and due to undersubscription then extended for additional four working days till 26th February 2019 (14th Falgun 2075) for full subscription just last week.

According to Siddhartha Capital Ltd., its issue manager, there were 51,898 applications from the general public for 5,191,160 unit shares, collecting a total of Rs 1.56 billion with  1.26 oversubscription, while there were 1,898 applications from the local public for 489,900 unit shares with only 89% subscription, leaving 98,334 unit shares that will also be allotted to the general public for its oversubscription. Of the total 1898 local applications for 785,405 unit shares, only 1 application for 100 unit shares was rejected due to error and the remaining 785,305 valid applications were included in the allotment process of which applicants for 50 to 1,300 unit shares were allotted in full as per their demand, while applicants for 1,500 to 10,000 unit shares were allotted 1,350 unit shares each on pro rata basis, thus leaving none empty handed.

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Universal Power IPO Allotment Result - Check HERE How Much You Are Allotted !

IPO ALLOTMENT:

Universal Power Company Limited (UPCL) has successfully concluded its initial public offer (IPO) on Wednesday morning at 10 AM today, 27th February 2019 (15th Falgun 2075). The company had floated its total IPO issues of 93,27,410 unit shares worth of Rs 932 million at the face value of Rs 100 per unit share to the general public initially for four working days, starting from Friday 8th February 2019 (25th Magh 2075) to Tuesday 12th February 2018 (29th Magh 2075) and since due to under subscription later extended for an additional 7 working days upto until full subscription by Wednesday 20th February 2019 (8th Falgun 2075) just last week.

According to Siddhartha Capital Ltd., its issue manager, the IPO was closed after its full subscription by about 1.06 times, attracting 105,159 applications from the public. Of the total applications, 40 applications for 3,160 unit shares were rejected due to errors and the remaining 105,119 valid applications were included in the allotment process of which applicants for 50 to 1,300 unit shares were allotted in full as per their demand, while applicants for 1,500 to 10,000 unit shares were allotted 1,350 unit shares each on pro rata basis, thus leaving none empty handed.

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Asha Laghubitta IPO Allotment Result - Check HERE if You're Lucky have Allotted 10 Units !

IPO ALLOTMENT:

Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has successfully concluded its initial public offer (IPO) on Friday afternoon, 8th February 2019 (26th Magh 2075). The company had floated its IPO issues of 0.674 million unit shares worth of Rs 67.4 million at the face value of Rs 100 per unit share to the general public for four working days, starting from Friday 1st February 2019 (18th Magh 2075) lasting till Tuesday 5th February 2018 (22nd Magh 2075) just early this week.

According to Prabhu Capital Ltd., its issue manager, the IPO has been oversubscribed by about 18.39 times with an overwhelming public response, attracting over 309,782 applications worth Rs 1.58 billions (Rs 1.58 arabs) demanding over 11.58 million unit shares till the final day of the issue. Of the total applications, 677 applications for 32,900 unit shares were rejected due to errors and the remaining 309,105 valid applications were included in the allotment process of which only 62,993 (20.38%) lucky applicants are allocated the mandatory 10 unit shares through the lottery system, leaving the a larger number of remaining 2,46,122 (79.62%) applicants empty handed.

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Ghalemdi Hydro IPO Allotment Result: Check How Much You Got !

IPO ALLOTMENT:

Ghalemdi Hydro Limited has successfully concluded its initial public offer (IPO). According to its issue manager, Vibor Capital Limited, out of the total valid applicants 80.44% have received 30 units while only 19.56% have received 20 unit shares. The hydro company had issued 15,33,770 units for the general public which includes 4,55,770 unsubscribed units from the issuance made to locals. The issue was made from Poush 19th to Poush 23rd, 2075.

None of the mutual fund had applied for this share. Whereas, 13 employees were allotted with 22,000 units or worth Rs 22 lakhs. 54,718 total applications were received for the issue out of which 26 applications were deemed invalid. The valid applicants had applied for 39,03,070 units.

Check the RESULTS HERE:

Chautari Laghubitta IPO Allotment Results - Only 56,070 Lucky Applicants Allotted 10 Units !

IPO ALLOTMENT:

Chautari Laghubitta Bittiya Sanstha Limited (CHAUTARI) has successfully concluded its initial public offer (IPO) today at noon, Friday 14th December 2018 (28th Mangsir 2075). The company had floated its IPO issues of 0.6 million unit shares worth of Rs 60 million at the face value of Rs 100 per unit share to the general public for four days, starting from Wednesday 5th December 2018 (2nd Mangsir 2075) lasting till Sunday 9th December 2018 (23rd Mangsir 2075) just early this week.

According to NIBL Ace Capital Ltd., its issue manager, the IPO has been oversubscribed by about 30.59 times with an overwhelming public response, attracting over 273,192 applications worth Rs 1.71 billions (Rs 1.71 arabs) demanding 1.71 million unit shares till the final day of the issue. Of the total applications, 475 rejected due to errors and only 56,070 lucky applicants are allocated the mandatory 10 unit shares through the lottery system, leaving the remaining a larger number of more than 2,17,122 applicants empty handed.

Of the total 600,000 unit shares, the company has set aside 9,300 unit shares (0.5%) for its employees and 30,000 unit shares (5%) for the existing mutual fund companies.

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The company is floating the remaining 5,60,700 unit shares (94.5%) to the general public alone. The provision of application for the interested public investors was a minimum of 50 and a maximum of 3,000 unit shares.

The company has a current paid-up capital of Rs 126 million (Rs 12.6 crores) that has been raised from its promoters. After the issuance of this IPO, Rs 60 million (Rs 6.0 crores) will be added to reach Rs 186 million ( Rs 18.6 crores). In its first quarter (Q1) of the current fiscal year 2075/76, the microfinance has earned a net profit of Rs 3.74 million (Rs 37.48 lakhs) with Rs 12.6 million (Rs 1.26 crores) in its reserve and bad debt ratio of 0.43%.

Check the RESULTS HERE:

Upper Tamakoshi IPO Allotment Tuesday, 40 Unit Shares Confirm!

IPO:

The allotment of the Initial Public Offering (IPO) of Nepal’s much hyped dream hydropower project ‘Upper Tamakoshi Hydropower Project’ was finally concluded today Tuesday afternoon 27th November 2018 (11 Mangsir 2075) by Sunrise Capital Ltd., its issue manager. The allotment was held at 3:00 PM amidst a program organized at Crystal Banquet, Babarmahal, Kathmandu. According to the issue manager, Sunrise Capital Ltd., the issue has been able to attract the most number of applicants in the history of Nepalese stock market. A total of 3,39,775 applicants had applied for 1,50,90,750 unit shares of the company with the the total demand of 4,46,18,843 unit shares with the final worth of over Rs 6.70 billion. The issue was thus oversubscribed by 4.46 times. 

Of the total applications, 5,700 have been disqualified due to double application. All the 3,34,075 valid applications were initially each allotted a minimum of 40 unit shares, while 1,72,775 of these applications were each lucky enough to receive additional remaining 10 unit shares through the lottery system.

Citizen Investment Trust (CIT) and Sunrise Capital Ltd. have been appointed as the issue managers for the IPO issuance. The hydropower company had floated 15,885,000 unit total shares for the general public, i.e., 15% of their paid up capital.

Check the link below to read/download the ALLOTMENT MODULE and RESULTS:

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Madhya Bhotekoshi Hydropower IPO Issue Opens Today, Check Your Eligibility !

IPO:

Madhya Bhotekoshi Hydropower Company (MBKHPL) IPO is floated from today. The first phase of the issue will be only for the members registered with Employees Provident Fund (EPF). The issue will last till 14th Mangsir, 2075. Members registered under EPF can apply for a minimum of 50 units and maximum of 500 units.

In the second phase of the issue, employees of the Promoter shareholding companies, employees of the lending institute and employees of EPF can apply for a stake in the hydropower project. The second phase of the issue will start from 19th Mangsir, 2075 and last till 26th Mangsir, 2075. 27 Lakh units of IPO will be available in the second phase of the issue. Employees of the promoter Shareholding Company and lending institute can apply for minimum 50 units and maximum 500 units while employees of EPF can apply for minimum of 50 units and maximum 1200 units.

Global IME Capital has been appointed as the issue manager while NIBL Ace Capital, Prabhu Capital, Laxmi Capital, Sanima Capital, Civil Capital and CBIL Capital have be appointed as other co-issue managers.

The authorized capital of the company is Rs. 6.21 Arba while the issued capital is Rs.6 arba. After the completion of the issue, promoter shareholder will be holding 51% stake (3.06 Crore units) in the company, employees registered with EPF will hold 19.5% (1.17 Crore units), employees of promoter shareholding companies will hold 3.5% stake (21 Lakh units) and employees of the lending institute will hold 1% (6 Lakh units).

The hydropower company will be issuing a total of 1.44 Crore units to the above mentioned employees. The interested applicants can apply using C-ASBA service.

Check the links below to ensure your Application Eligibility and Other Details:

Check HERE: