Know the IPO Collection of Dordi Khola Jal Bidyut Company and Kumari Dhanabriddhi Yojana

CDS & Clearing Limited (CDSC) has reported the data of public IPO collection of Dordi Khola Jal Bidyut Company Ltd Company and of Kumari Dhanabriddhi Yojana as of 10 am today i.e Jestha 27.

Dordi Khola Jal Bidyut Company Ltd (DORDI) has been issuing its 20,19,869 unit IPO shares to the general public from 26th Jestha and will conclude on 31st Jestha. If it is not fully subscribed the issue will be extended up till Ashadh 09, 2079. Out of total 21,95,509 unit shares; 3% of the issue worth 65,865 shares have been allocated for employees of the company and 5% worth 1,09,775 shares for mutual funds. The remaining 20,19,869 shares are purely for the individual public. Applications can be placed for a minimum of 10 units and a maximum of 17,00,000 units. Siddhartha Capital Limited has been appointed as the issue manager for the IPO issuance.

According to CDSC, 4,89,697 applicants have applied for a total of 58,58,850 units. Thus, the issue is already oversubscribed by 2.9 times so far.

Similarly, Kumari Capital Limited had issued its mutual fund scheme "Kumari Dhanabriddhi Yojana (KDY)" to general public from 12th Jestha and was supposed to close on 17th Jestha, 2079. However, the issue was unsubscribed by the early closing date the deadline was extended till Jestha 26. A total of 12,00,00,000 units worth Rs. 1.2 Arba were issued at a par value of Rs. 10 per share. An investor could apply for a minimum of 100 units and a maximum of 1.2 crore units. Kumari Capital was the fund manager.

According to CDSC, 1,46,564 applicants were received till the last day, applied for a total of 12,41,75,140 units. Thus, the issue was oversubscribed by 1.03 times.