Implementation of C-ASBA in full swing from Falgun 11, 2074 with the release of Rasuwagadi and Sanjen IPO

Sanjen Jalavidhyut Company Ltd. and Rasuwagadhi Hydropower Company Ltd. are issuing their first stage of IPO shares to members of Employees Provident Fund from Falgun 11, 2074. So all the eligible members can visit the bank and apply for these shares by submitting application form along with an identity card of Employees Provident Fund. CDS and Clearing Ltd. also urges the investors who haven’t yet collected their CRN number to visit the bank in which they have account and apply for the IPO at the same time. After adding one extra month for the full implementation of C-ASBA (Centralized Account Supported by Blocked Amount) the number of associated financial institutions and investors is quite encouraging. As per the press statement released by CDS and Clearing Limited, as of Falgun 10, 2074; 60 Banks and Financial Institutions have provided CRN ( C-ASBA Registration Number) to 1,39,502 investors. In addition, 2,97,066 applications have been received from 72,968 applicants for 29 different companies. Out of the total application, 30,750 were submitted online via Mero Share Software Application, which as of today has 1,47,810 users. Know more about the IPO issue