Singati Hydro Energy Limited IPO Result

singati hydro energy ipo result

Singati Hydro Energy Limited IPO result is concluded today.

With Mega Capitals Markets Limited as issue manager Singati Hydro Energy had issued the IPO for 2.9 million units of share from 6th Chaitra 2077 B.S.

With 15,59,802 valid applications who applied for a total of 22,768,260 units of shares, the IPO was oversubscribed by over 8.47 times.

A total of 2,69,700 applicants were allotted 10 unites of shares where as the remaining 12,90,102 applicants were retured empty hands.

According to the Issue Manager 5,728 applicants were disqualified who had applied for 81,410 units of shares.

Singati Hydro Energy Limited was rated as CARE-NP BB (Is) which is considered to offer moderate degree of safety regarding timely servicing of financial obligations in Nepal.

Singati Hydro Energy Limited IPO Result (Alloted)

Issuing Company Singati Hydro Energy Limited
Issue Manager Mega Capitals Market
Total Number of Applicants 15,59,802
Total Alloted 2,69,700
Not Alloted 12,90,102

How to Singati Hydro Energy Limited IPO Result:

As the result of Singati Hydro Energy Limited IPO is out now. You can check the IPO allotment result for your application. More details on how to check your IPO result can be found in this post.

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