The IPO allotment of Appolo Hydropower Limited has officially concluded, bringing anticipation to an end for millions of investors across Nepal. Due to massive oversubscription, shares were distributed through a lottery system, leaving only a small fraction of applicants successful.
IPO Allotment Summary
The company had issued 780,200 units of shares to the general public at a face value of NPR 100 per share. However, the demand far exceeded the supply, resulting in a highly competitive allotment process.
Out of all applicants, only 78,020 lucky investors received 10 units each, while the majority were not allotted any shares.
Oversubscription Details
The IPO witnessed overwhelming participation, with over 2.6 million applications submitted. This made the issue oversubscribed by more than 38 times, highlighting the growing interest of retail investors in Nepal’s stock market.
Because of this high demand, the allotment was conducted using a lottery (lucky draw) system, ensuring equal opportunity for all eligible applicants.
Why Only 10 Units Were Distributed
According to Nepal’s IPO allocation guidelines:
- When applications exceed available shares, a minimum unit is distributed equally
- In this case, the minimum allotment was fixed at 10 shares per applicant
- Remaining applicants were selected randomly due to limited availability
How to Check Appolo Hydropower IPO Result
Applicants can easily check their IPO result online through the following platforms:
- Official IPO result portal: IPO Result Freerojgari
- CDSC IPO Result system
- Mero Share account
- Issue manager’s website
To check via IPO Result Freerojgari:
- Visit the website
- Select Appolo Hydropower Limited
- Enter your BOID number
- Click on “Search” to view your result
Key IPO Details
- Company: Appolo Hydropower Limited
- Total shares issued: 780,200 units
- Price per share: NPR 100
- Allotment method: Lottery system
- Successful applicants: 78,020
Conclusion
The IPO allotment of Appolo Hydropower Limited once again demonstrates the intense demand for primary shares in Nepal. With millions applying and only a limited number receiving shares, IPO investment remains both an opportunity and a game of chance.