Investors are now looking forward to the share allotment status IPO result of the Green Ventures Limited IPO. Green Ventures Limited IPO result can be checked here. The company is supposed to finalize the allotment by Sunday, April 3, 2022, as per the information provided by the issuing registrar company Laxmi Capital Limited.
In case you have applied for the Green Ventures IPO, then here is how you can check the status of your allotment when it gets declared. Clear information about the allotment status of Green Ventures Limited is given in our article below, please read it carefully.
Green Ventures Limited IPO Result Links Mero share
As said earlier, those who have applied for the public issue can check their Green Ventures Limited IPO Result online by logging in at the CDSC and Clearing Limited website —iporesult.cdsc.com.np or at the Mero share website —meroshare.cdsc.com.np. Bidders can log in at the direct Mero share link — meroshare.cdsc.com or at the direct Link CDSCs web link — https://iporesult.cdsc.com.np/ and check Green Ventures IPO allotment status online.
The distribution of IPO issued by Green Ventures Limited has been completed Sunday at 10 am. The IPO result distribution work has been completed at the central office of Laxmi Capital Limited, the manager of share issue and sale.
Green Ventures Limited IPO Result Check IPO Result Green Ventures
As mentioned above, an investor is advised to log in at the direct CDSC Mero share IPO result link – iporesult.cdsc.com.np and follow the below-mentioned step by step guide to check the IPO result:
1] Login at direct CDSC link – iporesult.cdsc.com.np
2] Select Green Ventures result link;
3] Enter Your Demat Details;
4] Click on ‘View IPO Result’; button
The status of your Green Ventures Limited allotment will be displayed on your computer monitor or smartphone screen.
According to the IPO prospectus, the refund process of the Green Ventures Limited Ltd IPO Result will begin on Friday after the share allotment. The credit company IPO result shares to Demat accounts will be done within Monday, and the stock is likely to be listed by the next Wednesday.
(Please note that the IPO result of Green Ventures Limited will not become available until the Green Ventures Limited shares are allocated.)
As there are more applications than demand in the IPO, the Green Ventures Limited IPO Result will be distributed by the round-robin method. According to CDSC, 25,99,598 applicants have applied to 3 1,13,700 units. The issue has been oversubscribed 38.87 times. The data shows that only 1 in 34 applicants have a chance of receiving 10 shares.
Green Ventures IPO allotment Details
| IPO Issuing Company Name | Green Ventures IPO Result |
|---|---|
| IPO result Date | 3rd April 2022 |
| Issue Manager | Laxmi Capital Limited |
| IPO Issue Date | 08 Chaitra 2078 |
| IPO Close Date | 11 Chaitra 2078 |
| Security Type | Common Stock -IPO |
| Initiation of Refunds | 2nd April 2022 |
| The credit of Shares to Demat Account | 16th April 2022 |
| IPO listing DATE | 27 April 2022 |
| Issue Size | 3,125,000,000 |
| Total Capital | 2.5 billion |
| IPO Face Value | NPR 100 |
| Total IPO Share | 31,25,000 units |
| The share allocated for mutual Investment | 1,56,250Units |
| The share allocated for Employers | 93,750 Units |
| The total share allocated for individual Investor | 28,75,000 Units |
| Total applicants | 21,71,000 |
| Total Rejected Applicants | 27,198 |
| Total approved Applicants | 21,48,295 |
| Total applied Unit | 2 01,13,700 Units |
| Total Allocated Unit | 28,75,000 |
| Total Allotted | 2,87,500 |
How to check Green Ventures IPO Result at Laxmi Capital Limited
Apart from the Mero share registrar’s website, applicants can also check the status of their allotment IPO result on the website of the Laxmi Capital Limited (https://laxmicapital.com.np/IPO_Result.aspx)
1] Login at Laxmi Capital’s direct link — https://laxmicapital.com.np/;
2] Select Green Ventures IPO Result;
3] Enter your DEMAT IPO BOID number;
4] Enter Demat details;
5] Click at ‘I’m not a robot; and
6] Click on the ‘Submit’ button.
Your Green Ventures Limited IPO allotment status will become available on your computer monitor or on your Smartphone screen. Please ensure the details that you provide are correct. It will show the number of shares you subscribed to and the number of Green Ventures Limited IPO result shares allotted to you.
You can also check the share Green Ventures Limited Result on the online portal of, the registrar to 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.
Once the issue is complete, registrars are responsible for updating successful applicants’ electronic credit for shares, sending refunds, and responding to investor inquiries.
Green Ventures Company has an authorized capital of Rs 2.5 billion and issued and paid-up capital of Rs.31,25,00,000 Under the Company Act-2063, it was incorporated as a public limited company to operate as a national-level institution.
There will be 31,25,000 unit shares issued at a par value of Rs. 100 each. The amount represents 18% of A total of 6,250,000 shares are being issued at Rs. 100 per share. 3% of the issue, i.e. 93,750 units, has been allocated for employees, while 5%, i.e. 1,56,000 units, were allocated for mutual funds. The remaining 28,75,000 shares were for individual public shareholders.
ICRA Rating Nepal has given ICRA NP IR Double B rating to Green Ventures Ltd in the credit rating for the IPO issue. This indicates a moderate risk in the company’s ability to bear responsibility.
At present, the company’s paid-up capital is Rs 2.5 billion. The paid-up capital of the company will reach Rs. 5 million after the issuance of shares worth Rs. 31 crores 25 lakhs.