Daramkhola Hydro Energy IPO Allotment Concludes: Lucky 242,318 Applicants Allotted 10 Units Each via Lottery System
Thu, Aug 14, 2025 10:25 AM on IPO/FPO News, Share Allotment, Latest,
Daramkhola Hydro Energy Limited's IPO allotment was concluded today at the premises of the issue manager, LS Capital Limited, New Baneshwor, Kathmandu.
The company had issued 24,23,185 units worth Rs 24.23 crores as an Initial Public Offering (IPO) to the general public (15th- 29th Shrawan, 2082).
The company's issued capital stands at Rs. 1.03 Arba. Of this, 38.33%, equivalent to 39,50,000 unit shares, was allocated for public issuance. From this public portion, 10% (i.e., 10,30,500 unit shares worth Rs. 10.30 Crores) were set aside for project-affected locals from Gulmi and Baglung districts. The remaining 28.33%, or 29,19,500 unit shares, were designated for the general public. Out of these, 10% (2,91,950 unit shares) were specifically allocated to Nepali citizens working abroad. Of the general public issue, 2%, i.e., 58,390 units, were set aside for the company's employees, and 5% of the total offered shares, i.e., 1,45,975 units, were set aside for the mutual funds. The remaining 24,23,185 units were for the general public.
The issue received a total of 2,283,226 valid applications for 26,312,680 units. Meanwhile, 13,239 applications were invalid.
As per the allotment module, a total of 242,318 applicants were allotted 10 units each via lottery and, 5 applicants received 1 unit each.
Allotment Module:
The IPO result can be accessed by CDSC IPO Result, MeroShare, and LS Capital Limited.
Infomerics Credit Rating Nepal Limited has reaffirmed a Double B Minus (IRN BB-) issuer rating for long-term bank facilities worth NPR 1,400 million, and an A Four (IRN A4) rating for short-term bank facilities worth NPR 1,235 million.
Daram Khola Hydroelectric Limited, established in December 2015, is a public limited company developing a 9.6 MW hydro project in Baglung, Nepal. The project has a 247 km² catchment area and a 10.30 m³/s design discharge. It is primarily promoted by local individuals, with Mr. Nar Bahadur Pun (Niraj) serving as chairman.
