Thousands of people across Nepal applied for the Sanigad Hydro Limited IPO, and the allotment is finally here. If you are one of those applicants, you are probably wondering right now whether your name made the list. The good news is that checking your IPO result takes only a few minutes and you can do it from your phone or laptop.
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Here is a simple guide to help you check your Sanigad Hydro IPO result today.
Allotment Date and Time
The IPO allotment for Sanigad Hydro Limited is scheduled for Ashadh 1 (Monday), starting at 10:00 AM. Laxmi Sunrise Capital Limited is the sales manager handling the allotment. Results should start appearing online shortly after 10 AM on that day.
Out of all the applicants, only 4,67,400 people will receive shares. The company had issued a total of 46,74,000 sharesto the general public between Jestha 18 and Jestha 21.
How to Check Sanigad Hydro IPO Result on CDSC
The quickest and most reliable way to check your result is through the official CDSC portal. Most people in Nepal use this method because you do not need to log in anywhere. Just open the site, enter your BOID, and your result is right there.
Step 1: Open the CDSC IPO Result Website
Go to https://iporesult.cdsc.com.np on your phone or computer. This is the official website run by Central Depository System and Clearing Ltd. (CDSC). It gets updated as soon as the allotment is completed.
Step 2: Select the Company
You will see a dropdown menu on the page. Click on it and select Sanigad Hydro Limited from the list. Make sure you pick the right company name before moving ahead.
Step 3: Enter Your BOID
Your BOID is a 16-digit Beneficiary Owner ID connected to your demat or MeroShare account. Type it in carefully because even one wrong digit will show you the wrong result.
Step 4: Fill in the Captcha
A captcha code will appear on the screen. Enter it correctly to confirm you are a real user.
Step 5: Click “View Result”
Hit the View Result button. The page will show you one of two things:
- Allotted – You got shares. The number of shares you received will also be displayed.
- Not Allotted – Your application was not selected this time.
That is it. The whole process takes under a minute.
How to Check Sanigad Hydro IPO Result Through MeroShare
If you already use MeroShare to track your investments, you can also check your result from there. This method is useful if you want to see all your past IPO applications in one place.
Step 1: Log In to MeroShare
Go to https://meroshare.cdsc.com.np and log in with your username and password.
Step 2: Go to My ASBA
Click on “My ASBA” from the left-side menu on your dashboard.
Step 3: Open Application Report
Click on “Application Report” to see all the IPOs you have applied for.
Step 4: Find Sanigad Hydro Limited
Scroll through the list and find Sanigad Hydro Limited from your applications.
Step 5: Check Your Status
Look at the Status column next to the company name. It will tell you clearly if you were allotted shares or not.
What Happens After the Result?
If You Got Shares
Your shares will be transferred to your demat account within a few working days. You do not need to do anything extra. Once the listing process is done, Sanigad Hydro’s shares will appear on NEPSE (Nepal Stock Exchange) and you can start trading them.
If You Did Not Get Shares
The amount that was blocked in your bank account through the ASBA process will be released automatically. It usually takes around 2 to 3 working days for the money to show up back in your account.
About Sanigad Hydro Limited
Sanigad Hydro runs the Kalangagad Hydropower Project in Bajhang district with a capacity of 38.46 MW. The project started commercial production from Falgun 6, 2079 and cost over Rs. 8 arba 68 crore to build. The company is registered in Lalitpur and has been operating since it was converted to a public limited company in 2078.
The IPO was issued at Rs. 100 per share. The company’s net worth per share is Rs. 104.57, so NEPSE will set the first trading price somewhere between Rs. 100 and Rs. 300 per share. After the first trading day, the price will move based on how buyers and sellers respond in the open market.
Sanigad Hydro Financial Highlights
In FY 2081/82, the company recorded a cumulative profit of over Rs. 9 crore 12 lakh, with an EPS of Rs. 2.80 and a net worth per share of Rs. 104.57. For the current fiscal year, the company has projected profits crossing Rs. 40 crore 44 lakh, which is a big improvement compared to previous years.
ICRA Nepal has rated the company BB-, which signals a moderate level of financial risk.
FAQs: Sanigad Hydro IPO Result
Q1. When is the Sanigad Hydro IPO allotment date?
The allotment is on Ashadh 1 (Monday) at 10:00 AM. Results will be available online shortly after the allotment is done.
Q2. How many people will get shares in this IPO?
A total of 4,67,400 applicants will receive shares. The remaining applicants will not be allotted.
Q3. Where can I check Sanigad Hydro IPO result?
You can check at https://iporesult.cdsc.com.np using your 16-digit BOID. You can also log in to your MeroShare account and check under My ASBA.
Q4. What is a BOID number?
BOID stands for Beneficiary Owner ID. It is a 16-digit number linked to your demat account. You can find it on your MeroShare profile or on your demat account documents.
Q5. I did not get shares. When will my money be unblocked?
If you were not allotted shares, the blocked amount will be released automatically within 2 to 3 working days after the allotment.
Q6. What will be the first trading price of Sanigad Hydro on NEPSE?
NEPSE will set the first trading price between Rs. 100 and Rs. 300 per share, based on the company’s net worth per share of Rs. 104.57. The actual price on the first day will depend on market demand.
Q7. Who is the sales manager for this IPO?
Laxmi Sunrise Capital Limited is the official sales manager for Sanigad Hydro’s IPO.
Q8. Is Sanigad Hydro a good investment?
ICRA Nepal has rated the company BB-, meaning there is a moderate level of financial risk. The company has been profitable and projects strong earnings ahead. That said, always do your own research before making any investment decisions.