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Balephi Hydropower IPO Opens From 16th Chaitra,2078 [Details]

• nepsestock
• March 23, 2022March 30, 2022
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Balephi Hydropower IPO 2022/2021

Balephi Hydropower Limited is opening its IPO shares to the general public from 16th Chaitra,2078.

After getting approval from SEBON, Balephi Hydropower is going to issue 18,27,970 unit IPO shares to the general public. The IPO issue will open on 16th Chaitra and close on 21st Chaitra, 2078. Out of 36.55 lakh, IPO shares, 18.27 lakh unit shares will be issued for the project affected locals, and the remaining 18.27 lakh unit shares will be issued to the general public. Global IME Capital is the issue manager for the IPO issuance of Balephi Hydro. Out of 18.27 lakh unit shares, 73,119 units have been allocated for employees, 91,398 units have been allocated for mutual funds and 16,63,453 units are allocated for the individual.

Balephi Hydropower IPO 2022/2021 [Details]

Balephi Hydropower IPO Opening Date: 16th Chaitra, 2078

Balephi Hydropower IPO Closing Date: 21th Chaitra, 2078. If all the units will not be subscribed by 21st Chaitra, 2078, the deadline will be extended till 30th Chaitra, 2078 but there is less chance of being extended.

Rating of Hydropower IPO: CARE Ratings Nepal Limited (CRNL) has rated “[CARE-NP BB (Is) [Double B (Issuer Rating)]” for the IPO of Balephi Hydropower Limited.

More Facts About Balephi Hydropower Limited:

Balephi Hydropower Limited was registered as a private company on 2068/11/30 B.S. The company is currently building a 36 MW Upper Balephi A project in the Balephi river of Sindhupalchowk. Balephi Hydropower Pvt Ltd was converted to the public company Balephi Hydropower limited on 2073/09/18 B.S.

Balephi Hydropower Limited Board of Directors

1. MR. SANDEEP SHARDA, DIRECTOR
2. MR. SHAKTI KUMAR GOLYAN, DIRECTOR
3. MR. SUSHIL GUPTA, DIRECTOR
4. MR. SULAV AGRAWAL, DIRECTOR
5. MR. UMESH KASAJU, CHAIRMAN

Financial Backgroud of Balephi Hydropower Limited:

Balephi Hydropower Limited has an authorized capital of NRs. 240 Crore and the issued Capital of NRs. 182.797 Crore. Balephi Hydropower has paid-up capital of NRs. 146.238 Crore

How To Apply For The IPO Of Balephi Hydropower Limited?

Thanks to the CDSC as you don’t need to visit the bank or capital market office to apply for IPO these days as you can easily do it from anywhere with internet access. Before applying to the IPO, you should have:

• Bank Account Detail
• Meroshae account detail
• laptop or mobile with internet access

Now, You can apply for the IPO of Balephi Hydropower Limited from the Mero Share Website -> https://meroshare.cdsc.com.np

1. Visit https://meroshare.cdsc.com.np/ in your favorite browsers like firefox, chrome, or edge. You will see a login window where you need to provide the detail of Depository Participants, User name, and Password.
2. After providing valid login details, you will be logged into the mero share dashboard where you can see the number of options on the left side.
3. In the left panel, you will see My ASBA. Click on it
4. Under Apply for Issue, you will see the list of IPOs you can apply. If there is Balephi Hydropower IPO in the list then click on the “Apply” button.
5. You need to fill out the IPO application form with the details like Quantity ( It’s better to apply for 10 units), Amount, Bank, Branch, and CRN number, press Apply.
6. Enter your 4 digit pin and wait for a second as your application will be submitted.
7. Now, the bank will do the rest but you have to make sure that you have enough balance in your Bank account so that your application will be accepted.

How To Check The Balephi Hydropower Limited IPO Result?

We have a dedicated post for the balpehi hydropower limited IPO result. Please click here -> Balephi Hydro IPO Result Page

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