IPO Result of Chhyandi Hydro Power

Kathmandu, July 01, 2017

Chhyangdi Hydropower Company Limited has allotted its 5,40,000 units IPO shares today (Asadh 17, 2074) 

Allotment for investors who had applied up to 710 units (Rs 71,000) was decided through lottery, and were allotted 10 units on lottery basis. Other investors who had applied more than 710 units were allotted 1.25% on pro-rata basis.

The issue had collected around Rs 377 Crores (Oversubscribed by 74.13 times) till last day from both regular and ASBA applications. Applicants were required to apply for a minimum of 50 units shares (Rs 5,000) and they could apply for a maximum of 2,700 units (Rs 2,70,000). Those investors who had applied for 2700 units shares got 34 units.


Out of the total 91,697 valid applicants, only 32,824 got the shares.

The shares set aside for retail investors was oversubscribed by 70.26 times and those set aside for other category was oversubscribed by 78.29 times.

There were 688 invalid applicants. Altogether, 16 staffs were allotted 10,800 unit shares and mutual fund companies were allotted 27,000 units shares.
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