Sahas Urja Limited has opened the IPO issue for 7,000,000 units of ordinary shares. NIBL Ace Capital is the issue manager for the IPO of Sahas Urja Limited.
Out of 7,000,000 units, 350,000 units ( for the Mutual Fund), 210,000 (For the employee of the company), and the remaining 6,440,000 units are for the general public.
The early closing date of the Sahas Urja IPO is on Ashwin-10, 2078. If this issue is not subscribed till Ashwin-10, 2078 then the issue will be extended up to Ashwin-20, 2078.
ICRA Nepal has assigned an issuer rating of [ICRANP-IR] BB+ (pronounced ICRA NP issuer rating double B plus) to Sahas Urja Limited (Sahas).
| Authorized Capital | 3,500,000,000.00 |
| Issued Capital | 3,500,000,000.00 |
| Current Paid-Up Capital | 2,450,000,000.00 |
| Capital after IPO Issuance | 3,500,000,000.00 |
Check The Sahas Urja IPO Result
According to the issue manager, 24,74,436 applicants have applied for a total of 3,44,98,390 units. Thus, the Sahas Urja IPO is oversubscribed over 5.35 times. From the total of 70,00,000 units, 3,50,000 units i.e., 5% were for mutual funds. 3% of the total units i.e., 2,10,000 units were for the employee of the company, and the remaining 64,40,000 units were opened for the general public.
You can easily check the result of Sahas Urja IPO from the following links.
- CDSC IPO Portal
- MeroShare
- NIBL ACE Capital