The IPO of Singati Hydropower will be distributed today. The IPO will be distributed today as the company sold 2.9 million IPOs at the rate of Rs 100 per share on Chaitra 6.
As more applications were received than the demand, only 269,700 will get shares today. Each applicant will receive 10 lots of shares. Of the remaining 1.5 million applicants, it is almost certain that they will be left empty-handed.
How To Check IPO Result of Singati Hydropower
1. You Can Check IPO Result in Mero share CDSC sites: www.iporesult.cdsc.com.np
( You Need to Choose Company & Enter BOID or DMAT number)
2. IPO Result Also Found in respective Capital Merchant Site : www.megacapitalmarkets.com
3. You Can Check IPO Result in your Mero share Account DASHBOARD : www.meroshare.cdsc.com.np
( By login Mero share, You found Result in My ASBA menu & Application Report Submenu)
=> Click Here to view IPO Result
Earlier, 5 percent or 154,000 shares were distributed for collective investment funds and 2 percent or 58,000 shares were distributed to employees. The remaining 26 lakh 97 thousand shares will be distributed to the public.