Waiting to find out if you got shares in Kalanga Hydro Limited’s IPO? The result is coming soon. The company’s IPO allotment has been scheduled for Wednesday, Jestha 27. If you applied, here is exactly how to check your result online in just a few minutes.
👉 Click Here to Check IPO Result
How to Check Kalanga Hydro IPO Result on CDSC
The quickest way to check your IPO allotment is through the official CDSC portal. Follow these steps:
Step 1: Go to the CDSC IPO Result Website Open your browser and visit https://iporesult.cdsc.com.np. This is the official site managed by Central Depository System and Clearing Ltd. (CDSC), and it is the most reliable place to check your result.
Step 2: Select the Company On the page, you will find a dropdown menu. Select Kalanga Hydro Limited from the list to pull up results for this specific IPO.
Step 3: Enter Your BOID Your BOID is a 16-digit Beneficiary Owner ID linked to your demat or Mero Share account. Type it in carefully. A wrong number will show incorrect results.
Step 4: Enter the Captcha Fill in the captcha code shown on the screen. This is just 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, and the quantity will be shown) or Not Allotted (your application was not selected this time).
Checking Through Mero Share
If you prefer using Mero Share, the process is equally simple:
- Log in at https://meroshare.cdsc.com.np
- Click on My ASBA from the menu
- Select Application Report
- Find Kalanga Hydro Limited from the list
- Check the Status column to see if you were allotted or not
This method is handy if you regularly track your investments through Mero Share.
About the IPO
Kalanga Hydro Limited opened its IPO for the general public from Jestha 8. The company had issued 28 lakh 70 thousand units for ordinary investors in the final round, at a face value of Rs. 100 per share.
The response was massive. By the last day, Jestha 13, more than 29 lakh 10 thousand applicants had submitted their forms. That is roughly 11 times the available shares. Since only 2 lakh 87 thousand applicants could receive shares at 10 units each, around 26 lakh 23 thousand applicants are expected to go empty-handed.
Over 29 Lakh People Applied – But Most Won’t Get Shares
The competition was intense. According to CDSC (Central Depository System and Clearing Ltd.), a total of 29 lakh 10 thousand 926 people applied by the last day.
The demand was 11 times more than the shares available. In total, applicants demanded 3 crore 17 lakh 87 thousand 400 units of shares – against only 28 lakh 70 thousand units on offer.
Here is what the numbers mean for applicants:
| Detail | Number |
|---|---|
| Shares available (general public) | 28,70,000 units |
| Each allottee gets (minimum) | 10 units |
| Maximum people who can get shares | 2,87,000 |
| Total applicants | 29,10,926 |
| Applicants likely getting nothing | ~26,23,926 |
Simply put, roughly 9 out of every 10 people who applied will not receive any shares. Only about 2 lakh 87 thousand applicants are expected to be allotted shares.
About the Company
Kalanga Hydro Limited operates the 15.33 MW Kalanga Gaad Hydropower Project in Bajhang District. The project began commercial power generation from Magh 27, 2079 BS. Total construction cost of the project was approximately Rs. 4 arba 33 crore 93 lakh. The company was originally registered as a private limited company in 2064 BS and later converted to a public limited company in 2078 BS.
The Ministry of Energy granted the operating license back in Chaitra 2072 BS. This license is valid until Chaitra 2107 BS, after which the project will be handed over to the Government of Nepal.
What Price Will the Share List At?
Since the company’s net worth per share stands at Rs. 98.56, which is slightly below the face value of Rs. 100, NEPSE will set the first trading price based on this net worth figure. This means the first day trading range is expected to be between Rs. 98.56 and Rs. 295.68 per unit. After that, market demand and supply will determine the price.