Terhathum Power Company IPO Result published at the office of issue manager NIBL Ace Capital Limited, Lazimpat, Kathmandu. Terhathum Power Company Limited had issued 8,00,000 units with worth Rs 8 crore IPO to the general public from Bhadra 9 to Bhadra 13, 2078. As per the NEPSE rule, a total of 800,000 units share, 16000 units shared allocated to its employees and 40000 units shares was allocated to the mutual fund investors. The remaining of 7,44,000 units shares were allocated for the general public.
Share Allotment Details
| Total Applicants | 23,54,447 |
| Total Approved applicants | 2,346,627 |
| Total Rejected applicants | 8,820 |
| Total Applied Units | 2,78,40,000 units |
| Total Allotted Kitta | 7,44,000 Kitta |
| Total Allottee | 74,400 applicants |
| The IPO Issuing Company | Terhathum Power Company Limited |
| Issue Manager | NIBL Ace Capital Limited |
| Security Type | Common Stock -IPO |
| IPO Issued Date | 2078 Bhadra 9 to 13 |
| IPO Allotment Date | Bhadra 25, 2078 |
| IPO Face Value | Rs. 100 |
| Total IPO Share | 800,000 units |
| The share allocated for Mutual Investors (5%) | 40,000 units |
| The Share allocated for employees (2%) | 16,000 units |
| Total Share for General Public (93%) | 7,44,000 units |
According to IPO allotment of Terhathum Power Company, a total of 23,46,627 valid applicants applied for a total of total of 2,92,69,640 units shares. The company IPO was oversubscribed by 39.34 times. This IPO was allocated as per the lottery system, the lucky number is 8 who gets the first 10 units of IPO. A total of 74,400 applicants were received 10 units shares and the remaining 22,72,227 applicants were returned empty hands in this IPO. According issue manager, the total of 8,820 applicants who applied for 1,08,760 units share were disqualified due to various reason.
The Terhathum power company limited has 4,000,000 registered shares. Out of which 1,200,000 shares were issued to the public. The company’s paid-up capital is 30 % for public. Out of public paid up capital 1200,000 units, 4 lakh had already allocated to the locals public and the rest 20%, 8 lakh units shares to the general public.
How to Check IPO Result of Terhathum Power Company limited:
- Tehrathum Power Company Limited IPO Result –How to Check
- Terhathum Power IPO Result Published today – Check Now
- NIBL ACE Capital IPO Result
- iporesult.cdsc.com.np ipo result 2021 (CDS and Clearing Limited)