IPO oversubscribed by more than 8.37 times - River Falls Power (RFPL) IPO collects Rs 2.12 arba till last day

River Falls Power Limited (RFPL) had issued 27,30,000 units shares worth Rs 27.30 crore of ordinary shares to the general public as a part of their Initial Public Offering (IPO) from Baisakh 28 till Jestha 04, 2079.
According data presented by CDSC, 18,50,277 applicants have applied for a total of 2,12,59,570 units worth Rs. 2.12 Arba. Thus, the IPO was oversubscribed by more than 8.37 times in terms of number of units through ordinary applicants as of the closing day. This is the data as of 10 AM today.
Out of offered 27,30,000 units; 2% or 54,600 units, were allocated to employees, while another 5% i.e 1,36,500 units were for the mutual funds. The remaining 25,38,900 units were for general public. Interested people were required to apply for a minimum of 10 units and they can apply for a maximum of 100,000 shares. Prabhu Capital Limited was appointed as the issue manager for the IPO issuance.
River Falls Power Limited had issued 700,000 units shares worth Rs. 7 crore for the project-affected locals of Sankhuwasabha district from Chaitra 27, 2078 to Baisakh 11, 2079. After the IPO issuance, their paid up capital will reach Rs 70 crores, and the shareholding ratio of promoter – people of the affected area – general public will be 51%-10%-39%.

IPO oversubscribed by more than 8.37 times - River Falls Pow...
River Falls Power Limited (RFPL) had issued 27,30,000 units shares worth Rs 27.30 crore of ordinary shares to the general public as a part o...

Doohan Uranus - Electric Scooter
Uranus is the most sold and power-performing electric scooter from Doohan. It has a bulky and classic look and is probably one of the b...

iPhone 12 Mini
Display: 5.4‑inch (diagonal), Super Retina XDR display, 2532 x 1170 pixels resolution Chip: A14 Bionic chip, Hexa Core processor, 5nm proce...

Monitoring and Evaluation Certification Programme (online)
In order to measure success and report on results, development workers and public-sector managers create monitoring and evaluation systems....

Disaster Recovery Trainings
Disaster Recovery includes policies and procedures aimed at protecting an organization from human or naturally triggered disruptions on the...

ISO/IEC 27002 Training Courses and Certification
ISO/IEC 27002 is an international standard that provides guidelines for selecting and implementing information security controls and for imp...

ISO/IEC 27032 Cyber Security Trainings
The ISO/IEC 27032 standard is essential for all businesses to utilize. The risk of security threats is increasing on a daily basis as we rel...
Nepal School Mela Facebook Live Quiz 2022
It is known that Nepal School Mela-2022 which has been running in association with PABSON and various organizations including N-PABSON is Ne...

iPhone 12 Pro
Display: 6.1-inch Super Retina XDR OLED, 1170 x 2532 pixels resolution, 1200 nits max brightness, 60Hz refresh rate Chip: A14 Bionic chip,...

Senior Backend Developer PHP / NodeJS
Explore Technologies is seeking to hire a senior backend developer to be part of our software development team in Putalisadak, Ramsahapath,...

Nepal Finance Limited (NFS) Opening 1: 0.70 Right Share Issu...
Nepal Finance Limited (NFS) has published an offer letter to issue its rights offering to shareholders. The issue will open today, i.e. on J...

Eligibility For Bachelor of Computer Application
Students who have passed grade 11 and are waiting for the results of the supplementary exam (Purak Pariksha) of grade 12 can also apply. How...

Apple MacBook Pro (14-inch, Apple M1 Pro chip with 8‑core CP...
Apple M1 Pro or M1 Max chip for a massive leap in CPU, GPU, and machine learning performance Up to 10-core CPU delivers up to 3.7x faster p...

Building Sustainable, Responsible and Inclusive Tourism Post...
2020 has been the most difficult year in the history of tourism. International arrivals fell by 72% in the first ten months of 2020, with tr...

Bachelor of Health Care Management
Pokhara University launched the program of Bachelor of Health Care Management (BHCM) in 2000 AD to fulfill the growing need for qualified he...

iPhone 13 Pro Max
6.7 inches Super Retina XDR OLED, Dolby Vision, HDR10, 1284 x 2778 pixels Ceramic Shield, Glass front, Glass back, Aluminum frame Chipset:...

Apple M1 Pro MacBook Pro 14-inch M1 Pro Chip, 16GB RAM, 512G...
Apple M1 Pro MacBook Pro 2021 with Apple M1 Pro Chip featuring 8-core CPU, 14-core GPU, 16-core Neural Engine, 16GB RAM (Unified Memory), 51...

Super Soco CPx - Electric Scooters
The Super Soco CPx has been designed from the ground up to meet the needs of the aspiring urban professional. Laden with a host of features...

Apple MacBook Pro 14″
The most powerful MacBook Pro ever is here. With the blazing-fast M1 Pro or M1 Max chip — the first Apple silicon designed for pros — you ge...