Modi Energy Limited IPO Share Allotment Result 2080 Released Now. the IPo Allotment Of Modi Energy Limited is Concluded today at the Premises of Sunrise Capital Kathmandu. Modi Energy Limited has Issued 55,59,420 Units Worth Rs.55.59 Crores as Initial Public Offering (IPO) to the General Public (Baisakh 19-24, 2023) After IPO Allotment, All the IPO applicants are waiting for Modi Energy Limited IPO Result 2080 Date. Finally is Issued Modi Energy limited IPO share allotment on 31-01-2080. The IPO Result can accessed by CDSC IPO Result, Meroshare and Sunrise Capital Limited officials websites.
As per the Allotment Model, a total of 5,1,226 Applicants were Allotted 10 Units each via lottery and the Remaining 6,68,515 Applicants were Returned with Empty hands. In Total 6,528 applicants who applied for 102,950 Units disqualified.
Modi Energy Limited IPO Result 2080
Hence, the Opening range of Modi Energy Limited Varies Rs.87.63 to Rs.262.89. As per the reports Modi Energy Limited IPO Result 2080 Publish date is 31st Baisakh 2080 at 09.30 AM. A Total of 322,280 Units were allotted o the Mutual funds and out of 128,910 units Set aside for Employees Only 76,070 were subscribed and allotted to the employees of the company and the Remaining 52,840 units were added to the General Public. So Many candidated submitted application for the IPO Issuance to the Sunrise capital Limited.
Modi Energy Limited IPO Share Allotment Result 2080 Overview
| Issuing Company | Modi Energy Limited |
| Issue Manager | Sunrise Capital Limited |
| Total Kitta Issued to public | 5,559,420 |
| Remaining Kitta of Staff | 52840 |
| Kitta Allocate of Public | 5,612,260 |
| Kitta Allocate to staff | 322,280 |
| Total Applicants | 1,236,269 |
| Valid Applicants | 1,229,741 |
| Invalid Applicants | 6528 |
| Invalid Kitta | 102,950 |
| Category | Modi Energy Limited IPO Result 2080 |
| Official Website | http://www.iporeslt.cdsc.com.np |
Modi Energy Share Allotment Distribution Status:
| For Locals | 804,390 Units |
| For Mutual Fund | 322,280 Units |
| For Foreign Employee Nepalese | 435,000 Units |
| For Companys Staff | 128,910 Units |
| For General Public | 59,94,420 Units |
The Issue Had Received applications form 12,29,741 valid Applicants who had applied for a total of 13,401,080 Units. the Issue was oversubscribed by more than 2.41 Times.
About Modi Energy Limited
Modi Engergy Limited was Incorporated as Manang Trade Link Pvt Ltd on November 04, 1996. Later on the name was changed to Modi Energy Pvt Limited on May 28, 2017. The Company got converted into a public limited on June 21, 2018. CARE Ratings Nepal Limited (CRNL) has revised the Issuer rating of Modi Energy limited to CARE-NP (Is) from CARENP BB+ (Is).
Modi Energy Limited IPO Share Allotment Result 2079
- First Of all the Applicants visit the Its Official website @iporesult.cdsc.com.np
- Or Directly click on the Link below bottom of the page.
- Later you will see he Homepage on screen.
- select the Result and select the company name
- Enter your DMAT 16 BOID Number and click view result Tab.
- Your Modi Energy Limited IPO Results 2080 appears on the Screen.
Check Modi Energy Limited IPO Share Alloment Results 2080: Check Here
