Global IME Capital refunding non-allottees of Chhyangdi Hydropower from today; direct transfer to 17 banks

Global IME Capital Limited, the issue manager for 5,40,000 units IPO of Chhyangdi Hydropower Limited, is going to refund money to the non-allottees from today (Asadh 21, 2074). Applicants who have mentioned the account numbers of following banks will have their money transferred directly. Direct Transfer List Commercial Banks:

1. Global IME Bank Limited
2. Bank of Kathmandu Limited
3. Century Commercial Bank Limited
4. Sunrise Bank Limited
5. Civil Bank Limited
6. Everest Bank Limited
7. Himalayan Bank Limited
8. Janata Bank Nepal Limited
9. Machhapuchchhre Bank Limited
10. Mega Bank Nepal Limited
11. Nepal Investment Bank Limited
12. NIC Asia Bank Limited
13. Prabhu Bank Limited
14. NMB Bank Limited
15. Sanima Bank Limited
16. Citizens Bank International Limited

Development Banks:

1. Ace Development Bank Limited

Other applicants should visit their respective collection centers along with the application slip and copy of citizenship certificate to collect the refund warrants. Letter of authority with photocopy of citizenship certificate is compulsory if the applicants cannot be self-present to collect their refunds. Chhyangdi Hydropower Company Limited had allotted its 5,40,000 units IPO shares on Asadh 17, 2074. Allotment for investors who had applied up to 710 units (Rs 71,000) was decided through lottery, and were allotted 10 units on lottery basis. Other investors who had applied more than 710 units were allotted 1.25% on pro-rata basis. Check the IPO result and allotment module.