Samling Power Company IPO result can be checked here. Clear information about the allotment status of Samling Power Company Limited is given in our article below, please read it carefully. Sales manager Nepal SBI Merchant Banking Limited has published the company’s IPO on Tuesday Morning 2nd November 2021 (16th Kartik 2078). An online portal is available for investors to check/view the results of the IPO.
The distribution of IPO issued by Samling Power Company Limited has been completed today at 10 am. The IPO result distribution work has been completed at the central office of Nepal SBI Merchant Banking Limited, the manager of share issue and sale.
According to the IPO prospectus, the refund process of the Samling Power Company IPO Result will begin on Wednesday 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.
How to check Samling Power Company IPO Result at Meroshare
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 Samling Power Company IPO;
3] Enter Your Demat application number;
4] Click at ‘View Result’; button
Your Samling Power Company allotment status will become available on the computer monitor or on the Smartphone screen.
(Please note the details will only be available once the Samling Power Company Limited shares are allotted.)
As there are more applications than demand in the IPO, the Samling Power Company 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 Samling Power Company allotment status at Nepal SBI Merchant Banking Limited
You can also check the share allotment status on the online portal of Nepal SBI Merchant Banking Limited (https://spcl.com.np/notice/), 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 Nepal SBI Merchant Banking Limited
- In dropbox, select the NSMBL 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 Samling Power Company Limited IPO shares allotted to you.
There will be 7,30,000 unit shares issued at a par value of Rs. 100 each. The amount represents 14.6% of the total issued capital. From the units offered, the company has allocated 2% of the issue worth 14,600 shares to employees and 5% worth 36,500 shares to mutual funds. . The remaining 678,900 shares are for the general public.
Samling Power Company Limited IPO Details
|IPO Issuing Company Name||Samling Power Company Limited IPO Result|
|IPO result Date||2nd November 2021|
|Issue Manager||Nepal SBI Merchant Banking Limited|
|IPO Issue Date||21st October 2021|
|IPO Close Date||25th October 2021|
|Security Type||Common Stock -IPO|
|Initiation of Refunds||4th November 2021|
|The credit of Shares to Demat Account||8th November 2021|
|IPO listing DATE||15th November 2021|
|IPO Face Value||NPR 100|
|Total IPO Share||7,30,000 units|
|The share allocated for mutual Investment||36,500 Units|
|The share allocated for Employers||14,600 Units|
|The total share allocated for individual Investor||6,78,900 Units|
|Total Rejected Applicants||15,198|
|Total approved Applicants||22,50,598|
|Total applied Unit||2,69,33,500 Units|
|Total Allocated Unit||678,900|
|IPO Result||IPO Result|