Buddha Bhumi Nepal Hydropower IPO Result can be checked here. Clear information about the IPO allotment status of Buddha Bhumi Nepal Hydropower Company is given in our article below, please read it carefully. Sales manager Civil Capital Market Limited has published the company’s IPO on Friday Morning 8th October 2021 (22th Ashoj 2078). An online portal is available for investors to check / view the results of the IPO.
The distribution of IPO issued by Buddha Bhumi Nepal Hydropower Company has been completed on Friday morning. The IPO result distribution work will be completed at the central office of Civil Capital Limited, the manager of share issue and sale.
According to the IPO prospectus, the refund process of the Buddha Bhumi Nepal Hydropower IPO Result will begin on Thursday after the share allotment. The credit of Buddha Bhumi Nepal Company IPO result shares to Demat accounts will be done within Monday, and the stock is likely to be listed by the next Wednesday.
As mentioned above, a bidder is advised to log in at the direct Mero share link – meroshare.cdsc.com.np and follow the below-mentioned step by step guide:
1] Login at direct CDSC link – meroshare.cdsc.com.np
2] Select Buddha Bhumi Hydropower IPO;
3] Enter Your Demat application number;
4] Click at ‘View Result’; button
Your Buddha Bhumi Nepal Hydropower allotment status will become available on the computer monitor or on the Smartphone screen.
(Please note the details will only be available once the Buddha Bhumi Nepal shares are allotted.)
As there are more applications than demand in the IPO, the Buddha Bhumi Nepal Hydropower IPO Result will be distributed by round-robin methond. While distributing through round-robin, 7,44,000 applicants will receive shares at the rate of 10 units.
How to check Buddha Bhumi Nepal Hydropower allotment status at Civil Capital Limited
You can also check the share allotment status on the online portal of Civil Capital Market Limited (https://www.civilcapitalmarket.com/ipo/), the registrar to the issue. The registrar is a Sebi-registered entity, qualified to act as such, and it processes all applications electronically, carrying out the allotment process in accordance with the prospectus.
After the issue has been completed, registrars are responsible for updating the electronic credit of shares to successful applicants, dispatching refunds, and attending to all investor-related queries.
- Go to the web portal of Civil Capital Market Limited
2. In dropbox, select the IPO whose name will only be populated after the allotment has been completed
3. Once the company is selected, you will have to enter either your Boid number, the application number.
4. Enter the captcha and click ‘submit’.
Once you click ‘submit’, the status of your application will appear on the screen. Please ensure the details that you provide are correct. It will show the number of shares you subscribed to and the number of Buddha Bhumi Nepal Hydropower Company IPO shares allotted to you.
2% of the 8,00,000 units offered by the company were set aside for employees of the company, i.e. 16,000 units, and 5% were set aside for mutual funds. The remaining 7,44,000 units were for the general public.
Buddha Bhumi IPO other Details:
|IPO Issuing Company Name||Buddha Bhumi Nepal Hydropower Company|
|IPO result Date||8th October 2021|
|Issue Manager||Civil Capital Market Limited|
|IPO Issue Date||27th September 2021|
|IPO Close Date||30th September 2021|
|Security Type||Common Stock -IPO|
|Initiation of Refunds||12th October 2021|
|The credit of Shares to Demat Account||17th October 2021|
|IPO listing DATE||20th October 2021|
|IPO Face Value||NPR 100|
|Total IPO Share||800,000 units|
|The share allocated for mutual Investment||16,000 Units|
|The share allocated for Employers||40,000Units|
|The total share allocated for individual Investor||744,000Units|
|Total Rejected Applicants||9,866|
|Total approved Applicants||21,2033|
|Total applied Unit||26,531,040|
|Total Allocated Unit||744,000|