Madhya Bhotekoshi IPO result can be checked here. Clear information about the allotment status of Madhya Bhotekoshi Jalvidyut Company Limited Madhya Bhotekoshi Company is given in our article below, please read it carefully. Sales manager Global IME Capital Limited has published the company’s IPO on Friday Morning 28th October 2021 (12th Kartik 2078). An online portal is available for investors to check/view the results of the IPO.
The distribution of IPO issued by Madhya Bhotekoshi has been completed today. The IPO result distribution work has been completed at the central office of Global IME Bank Limited, the manager of share issue and sale.
According to the IPO prospectus, the refund process of the Madhya Bhotekoshi IPO Result will begin on Tuesday after the share allotment. The credit company IPO result shares to Demat accounts will be done within Friday, and the stock is likely to be listed by the next Monday.
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 Madhya Bhotekoshi IPO;
3] Enter Your Demat application number;
4] Click at ‘View Result’; button
Your Madhya Bhotekoshi allotment status will become available on the computer monitor or on the Smartphone screen.
(Please note the details will only be available once the Madhya Bhotekoshi Jalvidyut Company Limited shares are allotted.)
As there are more applications than demand in the IPO, the Madhya Bhotekoshi 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 Madhya Bhotekoshi allotment status at Global IME Capital Limited
You can also check the share allotment status on the online portal of Global IME Capital Limited (https://www.globalimecapital.com/ipo-fpo-share-allotment-check), 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 Global IME Capital Limited
- In dropbox, select the 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 Madhya Bhotekoshi Jalvidyut Company Limited IPO shares allotted to you.
From the 90,00,000 units offered, 4% of the total offered shares to the general public i.e. 3,60,000 units have been set aside for the company’s employees and 5% of the total offered shares to the general public i.e. 4,50,000 units for mutual funds. The remaining 81,90,000 units are for the general public.
Madh Madhya Bhotekoshi Jalvidyut Company Limited IPO Details
|IPO Issuing Company Name||Madhya Bhotekoshi Jalvidyut Company Limited|
|IPO result Date||28th October 2021|
|Issue Manager||Global IME Capital Limited|
|IPO Issue Date||6th October 2021|
|IPO Close Date||11th October 2021|
|Security Type||Common Stock -IPO|
|Initiation of Refunds||2nd September 2021|
|The credit of Shares to Demat Account||4th September 2021|
|IPO listing DATE||9th September 2021|
|IPO Face Value||NPR 100|
|Total IPO Share||90,00,000 units|
|The share allocated for mutual Investment||4,50,000 Units|
|The share allocated for Employers||3,60,000 Units|
|The total share allocated for individual Investor||81,90,000 Units|
|Total Rejected Applicants||13,428|
|Total approved Applicants||2,380,000|
|Total applied Unit||34,360,010 Units|
|Total Allocated Unit||34,360,010|
|IPO Result||IPO Result|