IPO Result of Samling Power Company Limited to the public published on 2nd October 2021 Tuesday (16th Kartik 2078). According to the company's share issue and sale manager Nepal SBI Merchant Banking, the IPO result /allotment was published at 8.30 am on Tuesday.
According to the latest statistics, 2,265,698 applicants have been applied 269,333,500 units of shares worth Rs 2.69 billion of Samling Power Company.
This is 39.67 times more than the 678,900 units of shares allotted to the general public. The Samling Power Company had issued 730,000 ordinary shares worth Rs 73 million on Thursday.
Of that, 2 percent or 14,600 shares have been allocated for employees and 5 percent or 36,500 shares have been allocated for collective investment funds. Only the remaining 678,900 units are allotted to the public.
As there have been more applications than demand for the company's shares, the shares will be allotted at the rate of at least 10 units through the round-robin method as per the Securities Issuance and Distribution Directive.
Only 67 thousand 890 applicants will get shares when the shares are distributed at the rate of minimum of 10 units. Accordingly, about 2.2 million applicants will not get shares.
How to Check IPO Result of Samling Power Company Limited:
Learn How to Check IPO result /allotment in Nepal. Learn the fastest and easiest way to check all companies' IPO results in Nepal. Follow a few steps to check an IPO result.
You have to follow the following instructions to check the IPO result of Samling Power Company Limited from the MeroShare (CDSC) website: iporesult.cdsc.com.np
Step 1: Log on to iporesult.cdsc.com.np (Check Here)
Step 2: You will view this type of interface on your device.
Step 3: Type your 16-digit BOID Number (Beneficial Owner Identification Number)
Step 4: Click on View Result Tab.
Finally, you will get the result message on the interface.
(Note: The IPO result will be shown after the share allotment and upload data on the server, it will take a few hours after the announcement)
Other Ways to Check IPO Result of Samling Power Company:
1. MeroShare Official Website: https://www.meroshare.cdsc.com.np
2. Nepal SBI Merchant Banking Limited - Nepal SBI Merchant Banking IPO result (Check IPO Result on Nepal SBI Merchant Banking Limited) Website: http://ipo.nsmbl.com.np (Check Here)
(Please select company name and provide DEMAT No. to view IPO result Select Company name and Type DEMAT Number)
IPO Detail Statement:
| The IPO Issuing Company | Samling Power Company Limited |
| Issue Manager | Nepal SBI Merchant Banking Limited |
| Security Type | Common Stock -IPO |
| IPO Issued Date | 2078 Kartik 4 to 8 |
| IPO Face Value | Rs. 100 |
| Total IPO Share | 7,30,000 units |
| The share allocated for Mutual Investment (5%) | 36,500 units |
| The Share allocated for employees (2%) | 14,6,00 units |
| Total Share for Individual Investor (General Public = 93%) | 678,900 units |
| Total Applicants | 2,265,698 |
| Total Applied Units | 269,333,500 units |
| Total Allotted Kitta | 678,900 Kitta |
| Total Allottee | 67,890 applicants |
