Kathmandu-based Balephi Hydropower Limited IPO company is likely to announce an allotment of its initial public offering IPO result within a week.
Balephi Hydropower IPO result may be checked on the allotment web page of the Issuer’s Official registrar. Global IME Capital IPO is the legitimate registrar for the issue. The reliable date and time of the share allotment status launch will be communicated through this web page.
Balephi Hydropower IPO Allotment: IPO result Balephi Hydropower
Here is how to Data Patterns IPO allotment result on the IPO Result CDSC com np website:
- Go to the IPO Result CDSC website or Mero share website https://iporesult.cdsc.com.np/
- On CDSC, Select ‘Balephi Hydropower’, and then from the dropdown, select ‘Balephi Hydropower IPO’.
- Now, enter your Demat number
- Click on Submit Button
- Please note the details will only be available once the shares are allotted.
You can also visit the registrar’s website (Mero share) to check your application status.
Check Balephi Hydropower IPO result Check At Global IME Capital iporesult.cdsc.com.np
- Visit the registrar’s Global IME Capital website here.
- Click on ‘Select company’ and click on ‘Balephi Hydropower ’.
- Once the company is selected, you will have to enter either your Demat detail, the application number, or the client ID.
- Enter the captcha and click ’submit’
Once you hit ‘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 shares allotted to you.
Balephi Hydropower Limited has opened its IPO sales to the public from March 31 to 4th April. The company has issued 1,827,970 shares to the public.
Out of which 4 percent or 73,119 lots have been secured for the employees of the company and 5 percent or 91,398 lots have been allotted for collective investment funds. The general public will be able to apply for the remaining 1,663,453 lots.
The company has already issued shares to the project-affected people. In the first phase, the company had issued 1,827,970 shares to the project-affected locals of the Sindhupalchok district. The company is constructing a 36 MW Upper Balephi A Hydropower Project from the water of Balefi River located in Gumba and Golche VDCs of Savik in Sindhupalchok district.
Websites to Check IPO Result Balephi Hydropower Allotment Status Check
To check Balephi Hydropower IPO Result visit the following websites:
- iporesult.cdsc.com.np Balephy Hydropwer Limited
About Balephi Hydropower IPO
Balephi Hydropower Limited is a company registered in the office of the Registrar of Companies as a public limited company on 2073-09-22. The organization has entered into a power purchase agreement with the Nepal Electricity Authority (NEA) on December 12, 2010. Power Purchase Agreement Date 2072-08-29 and 5) Power Generation Permit Remaining Period is 2108-04-11. The company has set up Golche, Gumwa and
Construction of the 36 MW Upper Walefi-A Hydropower Project is underway in Pangtang VDC. The Walefi River in the Sindhupalchowk district is the major water source required for hydropower generation.
The issuer rating of the company has to be done as per the provision in the Securities Registration and Issuance Rules, 2073 (with 3rd amendment) for ordinary shares, from credit rating institution ICRA Nepal Ltd., Dilli Bazaar, Kathmandu. The ICRANP-IRJ BB (pronounced ICRA NP Issuer Rating Double B) certificate has been obtained by issuing the rating to the Balephi Hydropower IPO.