Emerging Nepal limited IPO Result (Published Date) is confirmed by issue manager, NIC Asia Capital IPO Result. According to NIC Asia Capital, Emerging Nepal limited IPO Result will published on 16 February (3:30 PM). As per pre-allotment result of IPO on 15 February 2022, more than 23 Lakh 64 thousands applicants did not receive the share in this IPO.
NIC Asia Capital IPO Result – Mero share IPO result: Status check
NIC Asia Capital IPO Result can check here to follow some steps. If you are the investors of IPO and want to check result easily. It will be helpful to find the IPO result from NIC ASIA Capital.
You did not find the result notice on NIC ASIA Capital share allotment page. To check result of IPO, please follow the following steps and information;
- Log in NIC ASIA Capital Share Allotment page site https://www.nicasiacapital.com/ipo-result
- Select the company name from list
- Write Your 16 Digits Dmat Number
- Then click on Check button and view your IPO allotment result.
You can find the IPO result in there. You can take screen shot of result if you want and save it for your record. We hope that it will help you to find IPO result from here.
How to Check IPO Result at Mero Share (Allotment) of Emerging Nepal Limited:
Investors of this Emerging Nepal Limited can check their IPO result allotment by log in at the direct Mero share link – Meroshare.cdsc.com.np
You can follow the step to step:
- Login at Meroshare official website – Meroshare.cdsc.com.np
- Select Emerging Nepal Limited IPO name at the dropbox;
- Write Demat or boid number
- Click on the ‘Submit’ button to know the result.
Your Emerging Nepal IPO allotment result status will become available on your computer and or on your Smartphone.
Out of the total 555,000 shares issued by the company, 2 percent or a total of 11,112 shares were secured for the employees. Another 5 percent or a total of 27,780 shares for the collective investment funds were secured. And the remaining 516,708 shares were opened for sale to the general public.
In the company’s IPO, 2,415,919 applicants have applied for 2,78,35,420 shares worth Rs 2.78 billion. Which is 53.87 times more than the 516,708 shares allotted to the general public.
As there are more applications than demand in the company’s shares, only 51,670 eligible applicants will receive shares at the rate of minimum 10 units as per the Securities Issuance and Distribution Directive. Accordingly, it is seen that more than 2.364 million people will not receive shares.
At present, the paid up capital of the company is Rs. 504 million. The paid up capital of the company will reach Rs. 555.6 million after the IPO allotment.