Emerging Nepal IPO Result IPO result can be checked here. Clear information about the allotment status of Emerging Nepal Company Limited is given in our article below, please read it carefully. Sales manager NIC Asia Capital Limited has published the company’s IPO on Wednesday Evening 17th February 2022 (4th Falgun 2078). An online portal is available for investors to check/view the results of the Emerging Nepal IPO.
The distribution of IPO issued by Emerging Nepal Company Limited has been completed today at 3;30 pm. The IPO result distribution work has been completed at the central office of NIC Asia Capital Limited, the manager of share issue and sale.
According to the IPO prospectus, the refund process of the Emerging Nepal Limited IPO Result will begin on Monday after the share allotment. The credit company IPO result shares to Demat accounts will be done within Tuesday, and the stock is likely to be listed by the next Thursday.
As mentioned above, a bidder is advised to log in at the direct Mero share link – iporesult.cdsc.com.np and follow the below-mentioned step by step guide:
1] Login at direct CDSC link – iporesult.cdsc.com.np
2] Select Emerging Nepal Limited IPO;
3] Enter Your Demat application number;
4] Click at ‘View Result’; button
Your Emerging Nepal Company Limited allotment status will become available on the computer monitor or on the Smartphone screen.
(Please note the details will only be available once the Emerging Nepal IPO Result Limited shares are allotted.)
Emerging Nepal IPO Result IPO Result Published Today: How to check
As there are more applications than demand in the IPO, the Emerging Nepal IPO Result will be distributed by the round-robin method. While distributing through round-robin, 7,44,000 applicants will receive shares at the rate of 10 units.
How to check Emerging Nepal Limited allotment status at NIC Asia Capital Limited
You can also check the share allotment status on the online portal of NIC Asia Capital Limited (https://www.nicasiacapital.com/), the registrar to the issue the IPO result. 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 NIC Asia Capital Limited IPO
- In dropbox, select the JSLBSL IPO whose name will only be populated after the allotment has been completed
- Once the company is selected, you will have to enter either your Boid number, the application number.
- 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 Emerging Nepal IPO result shares allotted to you.
ICRA Rating Nepal has given ICRA NP IR Double B rating to Emerging Nepal Company Limited in the credit rating for the IPO issue. This indicates that there is a moderate risk in fulfilling financial obligations on time.
There will be 5,22,000 unit shares issued at a par value of Rs. 100 each. The amount represents 15.8% of the total issued capital. From the units offered, the company has allocated 0.8% of the issue worth 11,112 shares to employees and 5% worth 27,780 shares to mutual funds. . The remaining 5,16,708 shares are for the general public.
Emerging Nepal IPO Limited IPO Details
|IPO Issuing Company Name||Emerging Nepal IPO Result|
|IPO result Date||16th February 2022|
|Issue Manager||NIBL Asia Capital Limited|
|IPO Issue Date||08th February 2022|
|IPO Close Date||13th February 2022|
|Security Type||Common Stock -IPO|
|Initiation of Refunds||19th February 2022|
|The credit of Shares to Demat Account||27th February 2022|
|IPO listing DATE||29th February 2022|
|IPO Face Value||NPR 100|
|Total IPO Share||5,55,600 units|
|The share allocated for mutual Investment||27,8000 Units|
|The share allocated for Employers||11,112 Units|
|The total share allocated for individual Investor||5,16,708 Units|
|Total Rejected Applicants||15,198|
|Total approved Applicants||23,50,598|
|Total applied Unit||3,25,20,580 Units|
|Total Allocated Unit||5,16,708|
|IPO Result||IPO Result|