Tag: allots

  • Upper Tamakoshi Hydropower Successfully Allots 88.88 Million Units of Right Shares, Refunds Non-Allotted Investors

    Upper Tamakoshi Hydropower Successfully Allots 88.88 Million Units of Right Shares, Refunds Non-Allotted Investors


    On the 28th of Mangsir, 2080, Upper Tamakoshi Hydropower Limited (UPPER) successfully allocated 8,88,80,470 units of right shares to its shareholders. The company initiated the refund process for non-allotted investors starting from the 3rd of Poush, 2080.

    Upper Tamakoshi Hydropower Limited had conducted a 100% right shares offering, open from the 18th of Bhadra to the 22nd of Ashwin, 2080. During this offering, the hydropower company issued 10,59,00,000 units of right shares, amounting to Rs. 10.59 Arba, exclusively for its existing shareholders.

    As per the recent notice, only 8,88,80,470 units of the total right shares issued were allotted to eligible shareholders. The remaining 1,70,19,530 units of right shares will be subsequently made available for purchase through an auction. Sunrise Capital Limited served as the appointed issue manager for this process.

  • Arun Kabeli Power Allots 100% Right Shares, Begins Refunds on Ashwin 24

    Arun Kabeli Power Allots 100% Right Shares, Begins Refunds on Ashwin 24


    Arun Kabeli Power Limited (AKPL) recently granted 1,65,37,288 units of right shares to its shareholders on 19th Ashwin. For those who did not receive these shares, the company will start refunding their money on 24th Ashwin, 2080.

    To raise funds, the hydropower company initiated a 100% right shares offering from 11th Bhadra to 31st Bhadra, 2080. They issued 1,85,52,105 units of right shares valued at Rs. 1.85 Arba to their existing shareholders. As a result of this right share allocation, the company’s paid-up capital will increase to Rs. 3.89 Arba.

     

  • Multipurpose Finance Company Allocates 35% Right Shares, Begins Refunds for Non-Allottees on Ashwin 16

    Multipurpose Finance Company Allocates 35% Right Shares, Begins Refunds for Non-Allottees on Ashwin 16


    Multipurpose Finance Company Limited (MPFL) has recently allocated 15,82,000 units of right shares to its shareholders on the 12th of Ashwin. For those who didn’t receive these shares, the company will begin refunding their money starting on the 16th of Ashwin, 2080.

    This offering of 35% right shares by the finance company was open from the 10th to the 31st of Bhadra, 2080. These 15,82,000 units of right shares were issued to eligible shareholders at a par value of Rs. 100, utilizing funds from the paid-up capital, which was initially Rs. 45.20 Crores. Consequently, with the issuance of these right shares in a ratio of 1:0.35, the company’s paid-up capital will increase to Rs. 61.02 Crores.

     

  • IMandu Hydropower Allots IPO Shares to Overseas Nepalese on 21st Shrawan

    IMandu Hydropower Allots IPO Shares to Overseas Nepalese on 21st Shrawan


     

    Mandu Hydropower Limited has assigned shares from its Initial Public Offering (IPO) to Nepalese individuals employed overseas. The distribution process ended on the 21st of Shrawan, 2080. This allotment event occurred at the office of Prabhu Capital Limited, the hydropower company’s designated issue manager, located in Kamaladi.

     

  • “BoK Capital Market Allots IPO of Manakamana Engineering Hydropower on Shrawan 16 to Project-Affected and Migrant Nepalese.”

    “BoK Capital Market Allots IPO of Manakamana Engineering Hydropower on Shrawan 16 to Project-Affected and Migrant Nepalese.”


     

    BoK Capital Market will allocate the Initial Public Offering (IPO) of Manakamana Engineering Hydropower on Shrawan 16, 2080. The company offered 8 lakh unit shares to project-affected locals and 2 lakh unit shares to migrant Nepalese workers, as stated in the media release.

  • “Upper Lohore Hydropower Allots Shares to Dailekh Locals; 59.45% Unsubscribed”

    “Upper Lohore Hydropower Allots Shares to Dailekh Locals; 59.45% Unsubscribed”


     

    Upper Lohore Hydropower Company Limited has successfully allotted IPO shares to project-affected local residents in the Dailekh District. The allotment process was concluded on the 10th of Shrawan, 2080. The company had issued 509,804 units of IPO shares, which represent 10% of the total issued capital of Rs. 50.98 Crores. Local residents from the Dailekh District were eligible to apply for these shares between 7th Ashad and 5th Shrawan. They had the option to apply for a minimum of 10 units and a maximum of 25,000 units.

  • Rawa Energy Development Limited Successfully Allots IPO Shares to Project-Affected Locals in Khotang District

    Rawa Energy Development Limited Successfully Allots IPO Shares to Project-Affected Locals in Khotang District


    Rawa Energy Development Limited has successfully completed the allotment of IPO (Initial Public Offering) shares to project-affected locals of the Khotang District. The allotment program concluded on 1st Jestha, 2080.

    The company’s total issued capital is Rs. 28 Crores, out of which 10%, equivalent to 2,80,000 unit shares worth Rs. 2.8 crores, were specifically allocated to project-affected locals of the Khotang District. The IPO had opened for subscription on 23rd Chaitra, 2079, with the original closing date set for 7th Baisakh, 2080. However, since the IPO did not receive full subscription by the initial closing date, the deadline was extended until 24th Baisakh, 2080. During the subscription period, locals had the opportunity to apply for a minimum of 10 shares and a maximum of 10,000 shares.

    According to the notice published today, Rawa Energy Development Limited has confirmed that the allotted units have been assigned to valid applicants on 1st Jestha, 2080. This completion of the allotment process marks an important step in involving project-affected locals from the Khotang District in the company’s operations.