Samling Power Company IPO has opened for general public from 4th Kartik to 8th Kartik, 2078. If the IPO is not subscribed by the early closing date Kartik 8, 2078, the IPO issue will close on Kartik 18, 2078.
A total of 7,30,000 unit shares will be issued at a par value of Rs. 100 per unit which is 14.6% of the company’s issued capital. Out of issues shares, 2% of the issue worth 14,600 shares have been allocated for company’s employees and 5% worth 36,500 shares has been allocated for mutual funds. The remaining 678,900 shares of IPO are for the general public.
According to Nepal SBI Merchant Banking Limited, the issue manager, applicants can apply for a minimum of 10 units to a maximum of 20,000 units. ICRA Nepal has provided the issuer rating of Double B Minus, denoting a moderate risk of default regarding timely servicing of financial obligations.
How to apply Samling Power Company IPO from MeroShare ? How to apply IPO online in Nepal ?
If you are thinking about How to apply Samling Power Company IPO from MeroShare ? or how to apply IPO online in Nepal, you need to go https://meroshare.cdsc.com.np/#/login page. How to apply ipo through asba ? The same method for apply IPO though ASBA. So, the following steps to know how to apply ipo from mero share ? or how to apply ipo from meroshare ?
- Go to official website www.meroshare.cdsc.com.np meroshare cdsc com np login
- Select Your DP (Bank or Capital where you open your mero share and CRN account)
- Enter the user name and password,
- Click on login bottom
- Go to my ASBA
- Click on my ASBA
- See on the Apply on issue
- Click on the Apply bottom
- Fill the required information (Select bank account, number of applied share)
- Enter the CRN number in same page and click on all information is current option,
- Then click on apply
- Then write the four digit security code or OTP
- Then submit
- Application was completed; you will see that successfully applied with green color.
How do I apply for an IPO online?
APPLY Samling Power Company IPO from IPO Result Mero Share APP
Samling Power Company ipo price
Samling Power Company ipo price is Rs. 100 for apply of IPO. This will be traded in secondary market at Rs.405.33. The estimated price of Samling Power Company ipo will reach up to Rs. 700 to Rs. 900. So, this is the good news for Samling Power Company ipo investors.
Samling Power Company IPO for General Public –About Company
Located in the middle reach of Mai River in the Ilam district of the eastern part of Nepal, Mai Beni Hydropower Project is a Run-of-River type hydropower project with an installed capacity of 9.51 MW. The Project is the pilot project of Urja Developers Pvt. Ltd., which embarked on construction in May 2018. The components of the project lie between an elevation of 490m and 645m above mean sea level. All the major components of the project are within a 5km distance from the Mechi highway. The construction of all project components and installation of overall Hydromechanical components and Electromechanical equipment have been completed. Likewise, the testing and commissioning of overall project components have been completed. The trial operation of the power plant is expected to commence by September 2021.
Salient Features
- Installed capacity: 9.51 MW
- Project Location: Maijogmai Rural Municipality & Ilam Municipality, Ilam district, Province – 1
- Type of Scheme: Run-of-River (RoR)
- Gross Head: 147.5 m
- Net Rated Head: 134 m
- Design Discharge: 8.4 m3/s
- Net Annual Energy: 53.28 GWh
- Headrace tunnel: 2565 m
- Headrace pipe: 1789 m
- Power Evacuation to: Godak Substation ( 4 km from Powerhouse)
Progress Updates
- Financial Closure was concluded in December 2018 with Nepal SBI Bank Ltd. as a lead bank and Siddhartha Bank Ltd. as a member bank.
- Construction and upgradation of all infrastructures required for the project are completed.
- Construction of entire project components including Diversion Weir, Undersluice, Intake, Gravel Trap, Approach Canal, Settling basin, Headrace pipe, Headrace Tunnel, Surge pipe, Penstock pipe, Powerhouse, Switchyard, Tailrace, and River Protection works is completed.
- Installation, Testing, and Commissioning of all Hydromechanical Component and Electromechanical Equipment are completed.
- Construction of Transmission line is completed including its Testing and Commissioning.
- Construction of Permanent camp for the accommodation of Project Operation Team is completed and the respective team has mobilized to site.
- Landscaping works in the Powerhouse and Permanent Camp area are in progress.
Key Milestones
- Power Purchase Agreement (PPA) – November 2016
- Generation License – April 2018
- Construction Start – May 2018
- Financial Closure – December 2018
- Required Commercial Operation Date (RCOD) – November 2021
