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:
Laxmi Sunrise Capital’s official website
The company’s website
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
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.
