Check People’s Power Limited IPO Result
Check People’s Power Limited IPO Result
People’s Power Limited issued 24,67,400 units of shares worth Rs. 24.67 crores to the general public. Peoples Power Limited was incorporated on January 26, 2017. People’s Power Limited is developing a 4.96MW run-of-river Upper Puwa-II hydropower project under “BOOT” (Build, Own, Operate and transfer) model and is located in Sakhejung and Maipokhari VDC of Ilam district of Nepal. The paid-up capital of the company will reach Rs. 63.26 Crores after the IPO issuance.
Out of the total 24,67,400 units:
- 49,348 units have been set aside for the employees of the company
- 123,370 units have been set aside for the mutual funds.
- 22,94,682 units were for the general public.
- People’s Power Limited issued IPO from Shrawan 31 till 5th Bhadra, 2079.
- Prabhu Capital Limited has been appointed as the issue manager for the People’s Power Limited IPO issuance.
- Applications can be placed for a minimum of 10 units and a maximum of 1000 units.
- The issue has already been oversubscribed by more than 7.96 times.
How To Check Check Dhaulagiri Laghubitta IPO Result?
You can easily check the result of People’s Power Limited IPO from three different websites and they are:
