Know the Status of IPO Collection of Bindhyabasini Hydropower, Kumari Dhanabriddhi Yojana and NIC ASIA Flexi Cap Fund

CDS & Clearing Limited (CDSC) has reported the data of public IPO collection of Bindhyabasini Hydropower Development Company, Kumari Dhanabriddhi Yojana and NIC ASIA Flexi Cap Fund as of 9:30 am today i.e Jestha 24.

Bindhyabasini Hydropower Development Company (BHDCL) has been issuing its 13,65,000 unit IPO shares to the general public from 20th Jestha and was supposed to conclude on 25th Jestha. If it is not fully subscribed the issue will be extended up till Ashadh 03, 2079. Out of total 15,00,000 unit shares; 4% of the issue worth 60,000 shares have been allocated for employees of the company and 5% worth 75,000 shares for mutual funds. The remaining 13,65,000 shares are purely for the individual public. Applications can be placed for a minimum of 10 units and a maximum of 100,000 units. Sanima Capital Limited has been appointed as the issue manager for the IPO issuance.

According to CDSC, 13,96,015 applicants have applied for a total of 1,68,03,060 units. Thus, the issue is already oversubscribed by 12.31 times so far. 

Similarly, Kumari Capital Limited has been issuing 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 are being issued at a par value of Rs. 10 per share. An investor can apply for a minimum of 100 units and a maximum of 1.2 crore units. Kumari Capital is the fund manager.

According to CDSC, 1,31,614 applicants have applied for a total of 11,15,90,610 units. Thus, the issue has been subscribed by 93% so far. 

Likewise, NIC Asia Capital Limited has been issuing its mutual fund scheme "NIC ASIA Flexi CAP Fund" to general public from 19th Jestha and will close on 24th Jestha, 2079. If not subscribed fully by the early closing date, the issue can be extended till Ashadh 02. A total of 10,00,00,000 units worth Rs. 100 Crores are being issued at a par value of Rs. 10 per share. An investor can apply for a minimum of 100 units and a maximum of 1 crore units. NIC Asia Capital is the fund manager.

According to CDSC, 88,301 applicants have applied for a total of 8,49,47,230 units. Thus, the issue is already subscribed by 99.93% so far. In this 15% seed capital amount is not mentioned of the sponsor bank and the fund manager.