The IPO result of Terhathum Power Company Limited published (allotment) on 25th Bhadra 2078 (10th September 2021) Friday. According to NIBL Ace Capital, the company's share issue and sale manager, the shares were distributed on Friday morning.
NIBL Ace Capital has stated that it is preparing to distribute the shares of the company on Friday after the pre-allotment ends on Tuesday. The company had issued 800,000 units of shares worth Rs 80 million from August 25 to August 29 (Bhadra 9 to Bhadra 13).
Out of the total shares sold by the company, 2 percent or 16,000 units of shares allotted to the employees and 5 percent or 40,000 units of shares will be allotted to the mutual investment fund, and only the remaining 744,000 units of shares allotted to the public.
As there are more applications than demand for the company's shares, the securities will be distributed as per the issuance and distribution guidelines. Accordingly, only 74,400 people got shares at the rate of 10 units each. The rest of the applicants will not get the shares.
Currently, the company's paid-up capital is Rs 280 million. After the IPO issuance of Rs 40 million to the locals and Rs 80 million to the general public, the company's payment will reach Rs 400 million.
How to Check IPO Allotment (Result) of Terhathum Power Company:
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 get an IPO result.
You have to follow the following instruction to fast check the IPO result of Terhathum Power Company from the MeroShare (CDSC) website:
Step 1: Log on to www.iporesult.cdsc.com.np
Step 2: You will see 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)
Other Ways to Check IPO Result of Terhathum Power Company:
1. MeroShare Official Website: https://www.meroshare.cdsc.com.np
2. (Nepal NIBL Ace Capital Limited - NIBL Ace Capital IPO result) IPO Result on NIBL ACE Capital Website: https://result.niblcapital.com
Detail Statement:
| The IPO Issuing Company | Terhathum Power Company Limited |
| Issue Manager | NIBL Ace Capital Limited |
| Security Type | Common Stock -IPO |
| IPO Issued Date | 2078 Bhadra 9 to 13 |
| IPO Face Value | Rs. 100 |
| Total IPO Share | 800,000 units |
| The share allocated for Mutual Investment (5%) | 40,000 units |
| The Share allocated for employees (2%) | 16,000 units |
| Total Share for Individual Investor (General Public = 93%) | 7,44,000 units |
| Total Applicants | 23,57,009 |
| Total Applied Units | 3,12,54,220 units |
| Total Allotted Kitta | 7,44,000 Kitta |
| Total Allottee | 74,400 applicants |
