Makar Jitumaya Suri IPO Result Published Today. The IPO allotment of Makar Jitumaya Suri Hydropower Company Limited was held on the premises of the issue manager, Prabhu Capital Limited, Kamaladi.
Makar Jitumaya Suri Hydropower company has already issued the 10% or 152,000 units issued and allotted to Nepalese citizens working abroad. The company issued 2% or 32,028 units for the employees and 5% or 80,070 units reserved for the mutual funds.
The company had issued 760,000 unit shares worth Rs. 7.6 crores to the project-affected locals of Dolakha District out of which only 6,78,600 units were allotted. The remaining 13,37,302 units are allocated to the general public.
The company aims to collect Rs 13.37 crore from this IPO. The promoter shareholders of the company are 70 %.
Prabhu Capital Limited is the issue manager for the IPO issued. Investors can be placed for a minimum of 10 units and a maximum of 10,000 units in this IPO. But applying 10 units is enough due to the limited number of shares.
CARE Ratings Nepal Limited (CRNL) is the rating of ‘CARE-NP BB (Is)’ assigned to Makar Jitumaya Suri Hydropower Limited. It means a moderate risk of default regarding the timely servicing of financial obligations if any are required.
How to check Makar Jitumaya Result from Prabhu Capital
Makar Jitumaya Suri IPO Result check from Mero share.cdsc.com.np ipo result
You can follow the step by step:
- Login at Meroshare official website – IPOResult.cdsc.com.np
- Select Makar Jitumaya IPO Result name at the dropbox;
- Write Demat or boid number
- Click on the ‘Submit’ button to know the result.
Your Makar Jitumaya IPO Result status will be available on your computer and or on your Smartphone.