IPO details of Modi Energy Limited (MEL) for Local People

Modi Energy Limited

Status:

Closed

Type:

IPO: Local People

Company Details

Symbol

MEL

Sector

Hydro Power

Issue Details

Issue Units

29,00,000

Price

Rs. 100

Issue Amount

Rs. 29,00,00,000

Issue Manager

Sunrise Capital Ltd

Timeline Details

Opens on

09 March 2023

Closes on

30 March 2023

Extended Until

07 April 2023

Statistics Details

Total Applicants

N/A

Applied Units

N/A

Opening Range:

The expected opening range Of Modi Energy Limited (Ipo) is 92.57 - 277.71

MEL Ipo Overview

Modi Energy Limited (MEL) is issuing 29,00,000 (29 Lakh) units IPO at 100 per unit for Local People. The issue opens from Thursday, March 9, 2023 and closes on Thursday, March 30, 2023. Sunrise Capital Ltd is the issue manager for this public offering. Interested applicants can apply from Meroshare or they can directly apply visiting the issue manager's office

Subscription Rate ( % )

0.00%

Allocation Probability

0.00%

Application Statistics:

No application statistics available for this issue.

Allocation Chance:

No allotment probability available for this issue.

Frequently Asked Questions About Modi Energy Limited (IPO: Local People)

How to apply for IPO of Modi Energy Limited (MEL)?

To apply for an IPO in Nepal, please visit the Mero Share website, login and go to My Asba, or contact your bank, or Sunrise Capital Ltd, issue manager of this issue, for more assistance.

Who is the issue manager of Modi Energy Limited (MEL) IPO?

The issue manager for Modi Energy Limited (MEL) IPO is Sunrise Capital Ltd.

When is the last date to apply for the IPO of Modi Energy Limited (MEL)?

The last date to apply for the IPO of Modi Energy Limited (MEL) is March 30, 2023. If the issue remains undersubscribed, the closing date may be extended to April 07, 2023.

How to check IPO result of Modi Energy Limited (MEL)?

To check the IPO result of Modi Energy Limited (MEL), follow these step-by-step methods:

Share Hub App (Recommended)
- Download the Share Hub app from the Play Store or App Store.
- Open the app and go to “Services” and then to “IPO Result” section.
- Search “Modi Energy Limited” from company list, and enter your BOID to view the result.
- You can also choose from the saved BOIDs for easy access
Share Hub Chrome Extension
- Install the Share Hub Chrome Extension from the Chrome Web Store.
- After installation, pin the extension to your browser for easy access
- Open the Mero Share Login Page and save user details with their BOID
- Now open the Mero Share IPO Result website in your browser and you will see saved users and select the user
- Enter Captcha and click on "View Result"
Mero Share
- Go to the official Mero Share website.
- Login using your DP, username, and password.
- Navigate to the “My ASBA” section.
- Click on “Application Report” to view your IPO application status.
- Or visit Mero Share IPO Result, choose “Modi Energy Limited” from company list, enter BOID, enter captcha and check your result.
Sunrise Capital Ltd
- Visit Sunrise Capital Ltd website.
- Look for the “IPO Result” or “Result” section.
- Enter your BOID to check the result.