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Daramkhola Hydro Energy IPO Allotment Result

Daramkhola Hydro Energy IPO Allotment Result Published

Kamal 4 weeks ago 0 223

The IPO allotment of Daramkhola Hydro Energy Limited has been completed on 29th Shrawan 2082 at the office of the issue manager, Laxmi Sunrise Capital Limited, located in New Baneshwor.

Investors can check their allotment results through:

Application and Allotment Summary

During the public issue period from 15th to 19th Shrawan 2082, the company received 2,296,465 applications for a total of 26,498,590 shares. Out of these, 13,239 applications were found invalid, leaving 2,283,226 valid applicants.

From the valid applications, 2,423,185 shares were allotted to the general public. A total of 242,318 investors received 10 shares each, and 5 investors received 11 shares each.

Daramkhola Hydro Energy IPO Result

Daramkhola Hydro Energy IPO Result

IPO Allocation Details

Particulars Figures
Total Shares Issued 2,423,185
Issue Open Date 2082-04-15
Issue Close Date 2082-04-19
Allotment Date 2082-04-29
Total Applications 2,296,465
Valid Applications 2,283,226
Invalid Applications 13,239
Total Shares Applied 26,498,590
Valid Shares Applied 26,312,680
Invalid Shares Applied 185,910
No. of Allottees (10 shares each) 242,318
No. of Allottees (11 shares each) 5

Background of Share Allocation

The Nepal Securities Board had approved the company to issue 3,950,000 shares to the public. In the first phase, the company already allotted:

  • 1,030,500 shares to project-affected locals

  • 291,150 shares to Nepali citizens working abroad

From the remaining 2,919,500 shares for the general category,

  • 58,390 shares were reserved for company employees

  • 145,975 shares were reserved for mutual funds

  • The remaining 2,423,185 shares were issued to the general public, which has now been fully allotted.

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