Friday, June 12, 2015

IPO allotment of Upper Tamakoshi Hydro Power Today

Kathmandu, June 12

Upper Tamakoshi had floated Initial Public Offering (IPO) for the staff of lending institutions from Falgun 11. The IPO was supposed to close on Falgun 25 but it was extended till Chaitra 15.
  
A total of 2 lakhs 10 thousand applications were received out of which 1 lakh 92 thousand applications were received from the depositors of Employees Provident Fund. There is a high chance that depositors who have applied for shares worth Rs 5 Lakhs will be allotted a 280/290 shares.

The IPO had a total collection of Rs 17 arba which is 8 times more than the IPO amount. 


The 456-megawatt hydropower company has allocated 18,299,520 units to the depositors of the EPF (as of July 30, 2010) and 3,049,920 units to the staff of lending institutions and 4,066,560 units to the staffs of UTKHPL and its largest promoter NEA.

S.NO
Allocated Institutions
Share in % and Units
1.
Project affected locals of Dolkha
10%  (10.59 million units)
2.
Employees of NEA/ Tamakoshi
3.9% (4.07 million units)
3.
Depositors of Employees Providend Fund
17.9% (18.95 million units)
4.
Employees of Lending Institutions (NTC, Rastriya Beema Sansthan, CIT, EPF)
2.2% (2.31 million units)
5.
General Public
15% (15.89 million units)

Total
49% (51.81 million units)
However, the allocation of primary shares has not taken place after it has fallen into controversy as project-affected locals were complaining about 'unfairly' high allocation of shares to staff members of lending institutions.

Upper Tamakoshi Hydropower IPO is managed by Citizen Investment Trust and NCM Merchant Banking.

9 comments:

Anonymous said...

if anyone know the IPO allotment result online of Upper Tamakoshi Hydro Power Project, Please inform here!
Thanks!

Anonymous said...

Click the link. 50 kits ko lagi 50 nai diyeko cha

Anonymous said...

Click the link. 50 kits ko lagi 50 nai diyeko cha

Unknown said...

i have applied for 50 kitta wirh investing Rs.5000, So please let me know how many kitta i have allocated.(karmachary sanchaye kosh)

Anonymous said...

50 kitta halney lai 50 nai diyeko cha.

Nepalstocks said...


Depositors of Employees Provident Fund who applied for shares worth Rs 5 Lakhs were allotted 293 units share i.e. 5.86% of the total investment. Whereas, depositors who applied for shares worth Rs 5 thousand were allotted 50 units share i.e. 100% of the total investment. The depositors who applied for Rs 1 lakh were allotted 97 units, 2 lakhs were allotted 146 units share, 3 lakhs were allotted 195 units shares and 4 Lakhs were allotted 243 unit shares. The allotment was done on pro rata basis.

Blogger Kanxa said...

Upper tamakoshi IPo allotment ka herne kati paryo vanera? link xaina?

Basant Chalise said...

I have applied for 4000 kitta equal to 400000 Rs. How much kitta did I get?

Unknown said...

i have applied for 100 kitta equal to 10000 Rs.How much kitta did i get?