Himalayan Hydropower IPO Result Date

Himalayan Hydropower Limited IPO for the general public is open from 15th Ashad, 2079.  The early closing date of the Himalayan Hydropower Limited IPO issue is on 19th Ashad and if the issue is not fully subscribed ( Which is not possible) then the application date will be extended up to 29th Ashad, 2079. The company will be issuing 19,68,250 unit shares. Previously, The company had issued 9,00,000 unit IPO shares to the project-affected locals of Kaski District (Madi VDC) from 25th Baisakh to 23rd Jestha, 2079. However, only 2,81,750 units have been subscribed out of a total of 9,00,000.  Applications can be placed for a minimum of 10 units and a maximum of 1000 units.

Out of the total 19,68,250 units:

  • 39,365 units have been set aside for the employees of the company
  • 98,413 units have been set aside for the mutual funds.
  • 18,30,472 units are for the general public.

Himalayan Hydropower Limited was established in December 2004 as a private limited company. The company’s paid-up capital was NPR 664 million as of June 2019. The paid-up capital of the company will reach Rs. 1.09 Arba after the IPO issuance. Himalayan Hydropower Limited (HMHL) was converted into a public limited company from a private company in May 2017 to start the process of IPO.

Himalayan Hydropower Limited Promoters:

  • Mr. Khom Bahadur K.C. (~20%)
  • Mr. Min Bahadur Khadka Chhetri (~6%)
  • Mr. Sudhir Yadav (5%)

Global IME Capital Limited is the issue manager for the IPO issuance.

How To Check The Result Of Himalayan Hydropower IPO

Once you applied for the Himalayan Hydropower IPO from Mero share, you can check the result from the following websites. You can visit these websites once the result is published or the shares have been allotted.

Check The Result Of Himalayan Hydropower IPO On IPO CDSC Mero Share

  1. Please visit the website of CDSC Mero Share IPO Result from https://iporesult.cdsc.com.np/.
  2. Select the company Himalayan Hydropower IPO from the drop-down.
  3. Enter your valid 16-digit DMAT number (BOID number).
  4. Enter the captcha code to verify whether you are human or not.
  5. Click View Results to check the IPO result of Himalayan Hydropower IPO

Check The Result Of Himalayan Hydropower IPO from Mero share CDSC com np?

  1. Visit the website of Mero Share https://meroshare.cdsc.com.np/.
  2. Select your DP, enter your username and password, and click login.
  3. Go to My ASBA.
  4. Visit the Application Report Tab.
  5. Click Report of Himalayan Hydropower IPO
  6. If you have been allotted, you will see the status as Allotted, and If you have not been allotted, you will see the status as Not Allotted.

 

Leave a comment

Your email address will not be published. Required fields are marked *