Samaling Power IPO issue for general public
Samaling Power Company Limited is going to issue IPO for the general public from 4th Kartik 2078
Table of contents
- Samaling Power IPO issue to the genral public
- Samaling Power IPO issue to the Project affected local people
- IPO result for the project affected local people
- IPO result of samaling power to the genral public.
There is another company going to issue an Initial Public Offering from 4th Kartik 2078. The name of the company is Samaling Power Company Limited. The company is issuing seven lakh and thirty thousand units to the general public. Out of 730000 units of shares, 14600 units of shares are allocated to the employees of the company, and 36500 shares units of shares are allocated to the collective mutual fund. So that the general public is applying for 678900 units shares.
The IPO application will open on 4th Kartik and ends on 8th Kartik 2078. The minimum limit for application is 10 units and the maximum limit of application is 20000 units.
IPO issue and allotment for the Local people
This hydropower company has already issued and allocated the IPO to the local people who are the project affected. This company had opened the application to the local people from Bhadra 18th to 1st Ashoj 2078. This company had issued a total of 5 lakh units shares to the project affected local people whereas 3 lakh units are for the people of Illam district and 2 lakh units shares for the following areas of Illam district
- Illam Munciplity ward No, 8 and 10
- Maijogmai Gaupalika ward number 4 and 5
The result of the IPO issued to the local people was published on 20th Ashoj 2078. You can view the result on the official site of Nepal SBI Merchant banking limited or CLICK HERE
The IPO issue manager of Samaling Power Company Limited is Nepal SBI Merchant and Banking Limited.
Sahas Urja IPO Result [view details…………..]
How to apply this IPO for general public ?
This IPO can be applied from the two methods which is given below.
- From the ASBA members bank and its branches (If you have demat account,bank and casba number, You can easily apply on this IPO by visiting bank.)
- From MEROSHARE application (If you have taken the service of meroshare software you can apply on this IPO easily from the mobile and desktop)
The Conclusion from ipokhabar.com
This is the second phase of the IPO application. As we already know from the post the issued shares are very least in the compare to the active Demat holders in Nepal. This IPO will be oversubscribed so it is good to apply only 10 units for the one applicant.
About Company
Samaling Power Company Limited was established on 23rd Chaitra 2070. The hydropower power center is located at Illam Municipality and Maijogmai Gaupalika.