Rapti Hydropower IPO result date | IPO Allotment for 2,17,694 Investors

rapti hydro ipo

The IPO of Rapti Hydropower Limited will be allotted on Monday 9th of Shrawan and the result can be checked after it. For the general public, the company issued IPO on Asar 29th. Siddharth Capital is the sales manager of this hydropower.

According to Capital, the pre-allotment has been completed today, Thursday. According to the rules of SEBON, allotment should be done within 3 days of pre-allotment. Therefore, the IPO share allotment date has been fixed for next Monday.

The company had issued a total of 23,66,240 IPO shares. Out of that, 70,988 shares were reserved for employees and 118,312 shares were reserved for collective investment funds. The general public applied only for the remaining 21,76,940 shares.

The company’s shares were oversubscribed. So as per the SEBON rule allotment will be done through a lucky draw. Investors will get the IPO at a minimum rate of 10 shares. According to that, only 2,17,694 people will get shares. All other investors will be left empty-handed.

How to check the result

Rapti HydroPower IPO Result is easy to check. You can view the IPO result online by entering your Demat number on the IPO result website. For that, you have to go to iporesult.cdsc.com.np and check the allotment result by keeping your BOID number.

Click Here to see the result

Similarly, you can also log in to Mero Share and go to the CASBA section to view the results.

Financial Status of Company

In the rating given for the IPO, Icra Nepal gave the company IcraNP IRB rating. This indicates that there is a high risk in the ability to bear the liability.

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