CEDB Hydropower Development Company Limited will designate its IPO shares today i.e 31st Baiksakh, 2078 at 11.00 am practically at the premises of issue supervisor Sunrise Capital.
Check IPO Results:
CEDB Hydropower Development Company has skimmed its 25.18 lakh unit partakes in IPO to the overall population from Baisakh 17, 2078.
Subsequent to setting out 2% offers for the representatives and 5% for the common assets, the hydro designer has given 23.41 lakh unit offers to the overall population.
An absolute 16,85,627 substantial candidates have applied for a sum of 2,63,45,500 units. Accordingly, the issue is oversubscribed 10.52 occasions. The lottery is fixed for 10 units each to fortunate 2,34,195 candidates. The information additionally discloses to us that roughly one of every eight candidates gets the opportunity to be assigned.
CEDB Hydropower Development Company is as of now working 4.40 MW Radhi Hydro Project and 0.18 MW Syage Khola Hydro Project in Lamjung region while is at present building 3 additional activities. The organization is likewise in the process to start development of the 45 MW Kasuwa Project in the Solukhumbu area.
After the capitalization of the IPO shares, the advertiser public shareholding construction of the organisation will be in a proportion of 70:30. After the IPO, it will have a settled up capital of Rs 83.94 crore, according to the media articulation.