The IPO issued by Emerging Nepal Limited for the public will be distributed on Wednesday. The IPO issued by the company on Magh 26 will be distributed today.
According to NIC Asia Capital, the company’s share issue and sale manager, the IPO will be held on Wednesday at 3.30 pm. Capital is going to distribute today after completing the pre-allotment yesterday.
Emerging Nepal Limited had issued 5,55,600 unit shares ordinary shares worth Rs 5.55 crores
Out of the total 555,000 shares issued by the company, 2 percent or 11,112 shares were secured for the employees and 5 percent or 27,780 shares for the collective investment funds were secured and the remaining 516,708 shares were opened for sale to the public.
In the company’s IPO, 2,415,919 applicants have applied for 2,78,35,420 shares worth Rs 2.78 billion.
This is 53.87 times more than the 516,708 shares allotted to the public.
As there are more applications than demand in the company’s shares, only 51,670 eligible applicants will get shares at the rate of minimum 10 lots as per the Securities Issuance and Distribution Directive. Accordingly, it is seen that more than 2.364 million people will not get shares.
Check Now : Emerging Nepal Limited IPO Result
Emerging Nepal Limited IPO share allotment: investor , who have applied for Emerging Nepal Limited IPO, have two official options to check their application ipo result status online — either login at the Mero Share website or at the official Issue Manager website
You can check the IPO results of Emerging Nepal Limited by following the simple steps given below.
First go to the site to check ipo result https://iporesult.cdsc.com.np/
Then select Emerging Nepal Limited in Select Company
Similarly, enter the Dmat number of your 16 number
After that you can see your result by clicking on view result.
How to check Emerging Nepal Limited IPO allotment status at Mero Share Website?
To check Emerging Nepal Limited IPO allotment status online at its official Mero Share website, one should login at direct Link Mero Share link — http://meroshare.cdsc.com.np/ and follow the below-mentioned step by step guide:
Log in at direct link of Mero Share IPO Result – mero share.cdsc.com.np ipo result :- Meroshare.cdsc.com.np
NIC ASIA Capital Emerging Nepal Limited IPO Result : How to check?
To check Emerging Nepal Limited IPO allotment status online at its official NIC ASIA Capital website, one should login at direct Link NIC ASIA Capital link — https://www.nicasiacapital.com/ipo-result
– Select Company Emerging Nepal Limited
– Enter Your Dmat number
-After that you can view your Emerging Nepal Limited ipo result.
investor also can check their ipo result on IPO Issued company Emerging Nepal Limited Official website https://www.manushilbs.com/ .