Mabilung Energy IPO Allotment: How to Check Your Results!
Are you one of the many investors eagerly awaiting the Mabilung Energy Limited IPO allotment results? The wait is over! The Mabilung Energy IPO that was open to the public from August 11th to August 14th has now been allocated. Let’s dive into the details of the IPO allotment and how you can check if you were successful in securing shares in this promising company.
The IPO allotment took place at the Lakshmi Sunrise Capital office this morning. A total of 124,886 individuals received 10 shares each, while 4 lucky applicants received 11 shares each.
Background on the Mabilung Energy IPO:
Mabilung Energy had received approval from the Securities Board of Nepal to issue an IPO of 1,890,530 shares, representing 48.99% of its issued capital, valued at NPR 189.05 million. Previously, 385,824 shares were allocated to project-affected residents, and 150,471 shares were allocated to Nepali migrant workers.
In the second phase, 75,266 shares were reserved for mutual funds, and 30,095 shares were set aside for employees. The remaining 1,248,904 shares were offered to the general public.
How to Check Your Mabilung Energy IPO Results:
Wondering how to find out if you received an IPO allotment? Here’s how to check your IPO results from the Mabilung Energy IPO:
- Lakshmi Sunrise Capital: Visit the official website of Lakshmi Sunrise Capital, the issuance manager for the IPO.
- CDSC IPO Result Portal: Check the CDSC (Central Depository System and Clearing House) IPO result portal for your allotment status. This is a very popular method to check your IPO result.
- Mero Share Account: If you have a Mero Share account, you can easily check your IPO results through the platform. This is the most convenient method for many investors.
To check your results, you’ll typically need to enter your DP ID and other relevant details. Make sure you have your details ready to quickly check your IPO allotment. We wish all investors the best of luck! Stay informed about investment opportunities and the stock market with us! Good luck to all IPO applicants!
