Check Result CEDB Hydropower IPO 2078 Check your IPO result from online/website. if you don’t know how to check IPO result online this article for you. You landed in the best place. Nowadays you can check IPO results online. If you want to chack offline, please visit your area DP Or bank.
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Check Result CEDB Hydropower IPO 2078
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CEDB Hydropower Development Company has now closed its IPO issue.
The company floated 25.18 lakh unit shares in IPO to the general public from Baisakh 17, 2078. The hydro developer appointed Sunrise Capital as the issue manager for the IPO. The issue closed today, i.e. on Baisakh 21 at the end of banking hours.
After allocating 2% shares for the employees and 5% for mutual funds, the hydro developer issued 23,41,954 unit shares to the general individuals.
According to CDSC, 17,36,700 applicants have applied for a total of 2,63,45,500 units. This is the data after the issue closed today. Thus, the issue is oversubscribed 11.24 times. The lottery is fixed for 10 units each to lucky 2,34,195 applicants. The data also tells us that approximately one in eight applicants has the chance to be allotted.