Snow Rivers Limited's IPO Allotment Completed, Here's the Result.

The IPO allotment issued by Snow Rivers Limited to the general public has been completed. The company's IPO has been allotted to the office of the sale manager Sanima Capital Limited. The company had issued a total of 7 lakh 78 thousand 125 shares to the general public from Baisakh 29th to May 1st at a price of Rs 100 per share. As the IPO received more applications than the demand, the allotment was done by circular system. Around 77 thousand 812 applicants have got shares at the rate of 10 shares from the allotment, while the rest of the applicants have been left empty-handed. The IPO results can be viewed through CDSC's IPO Results Portal, My Shares and Sales Manager Sanima Capital.

The issued capital of the company is Rs 93 crore 75 lakh. Out of this, 20 percent i.e. 1.8 lakh 75 thousand shares were allocated for the general public. Under that, after allocating shares for project-affected locals, Nepalis working abroad, company employees and collective investment funds, the remaining 778 thousand 125 shares were issued to the general public. Snow Rivers Limited is operating the 13.5 MW Super Kabeli Khola-A hydropower project in Taplejung District. The company's IPO has been rated 'ICRANP-IR BB Plus' by ICRA Nepal, indicating a medium risk in terms of meeting financial obligations on time.

How to see the IPO results of Snow Rivers Limited? Snow Rivers Limited's IPO allotment results can be viewed through CDSC's IPO Results Portal, Mere Shares and Sales Manager Sanima Capital. 1. How to View CDSC IPO Result Portal The easiest way to check IPO results is CDSC's official IPO Results website. First go to https://iporesult.cdsc.com.np/ In Company Name select Snow Rivers Limited.

Enter your BOID number. Then click on View Result. You will see the result whether you got share or not. 2. The view from Sanima Capital As the selling manager of Snow Rivers Limited IPO is Sanima Capital Limited, the results can also be viewed from Sanima Capital's website. Visit Sanima Capital's website at https://www.sanima.capital/ Open the IPO Results section or link.

Enter your BOID number and check the result. 3. How to view from my share My Shares users can also view the IPO results by logging into their account. Visit https://meroshare.cdsc.com.np/ Login using your DP, Username and Password. Go to the My ASBA menu. Click on Application Report. Open the application details of Snow Rivers Limited and check the result. The BOID number should be kept correct while viewing the result. If an incorrect BOID is entered, the result will not be displayed.