Kutheli Bukhari Small Hydropower IPO Result Date
Hey there! Are you excited to know about the Kutheli Bukhari Small Hydropower IPO Result Date and the final announcement date? Well, I am then to give you all the details in a simple and easy- to- understand way.
Kutheli Bukhari Small Hydropower Ltd. is a hydropower company located in Thapagaun, Kathmandu, Nepal. They've took approval from SEBON and will soon be listed on the Nepal Stock Exchange( NEPSE). The initial public offering( IPO) was approved on February 2, 2080.
Kutheli Bukhari Small Hydropower IPO Result Date
The IPO opened its doors for investors on July 11, 2023, starting from 10:00 AM and will close on July 14, 2023, at 5:00 PM. The company has issued 101,151 units of shares for the general public to participate in.
For those interested in investing, the minimal number of shares that can be purchased is 10 units, while the max is set at 1000 units. Each share is priced at 100 Nepalese Rupees.
Allotment of Shares of Kutheli Bukhari Small Hydropower Ltd.
Now, let's talk about the eagerly awaited IPO result date. The results will most probably be announced on Sunday, i.e. on 7th Shrawan, 2080., after the closing date of July 14, 2023, at 5:00 PM. Keep an eye out for the announcement!
When it comes to the allotment of shares, a lottery system or lucky draw will be used. The shares will be distributed among the applicants who have applied for the IPO between the period of July 11, 2023, at 10:00 AM, and July 14, 2023, at 5:00 PM.
| Name of Company | Kutheli Bukhari Little Hydropower Ltd. |
|---|---|
| Sector | Hydropower |
| Available | For General population |
| From | 10 |
| To | 1,218,675 |
| No. of Share Offered | 1,218,675 |
| Rate/Share | 100 |
| Measure of Offers Registered | 121,867,500 |
| Public Issue Size | 243,675 |
| Public Issue Amount | 24,367,500 |
| % of Given Capital | 20.00% |
| Advertiser Offer Enlisted Amount | 97,500,000 |
| % of Given Capital | 80.00% |
| Issue Manager | NMB Capital Ltd. |
| Date of Approval | 2080-02-02 |
| Issue Open Date | 2023-07-11 at 10:00 AM |
| Issue Close Date | 2023-07-14 at 5:00 PM |
| No. Of Offer Issued | 101,151 |
| Established | 2011 A.D. |
| Headquarters | Thapagaun, Kathmandu |
| Least Quantity | 10 |
| Maximum Quantity | 1,000 |
Conslusion
In conclusion, the Kutheli Bukhari Small Hydropower Ltd. IPO Result will be published on Sunday, i.e. on 7th Shrawan, 2080. after the closing date. The shares will be allocated through a lottery system, and in case of non-allocation, the banks will ensure refunds. Stay tuned for the exciting news !
