Are you excited to see Modi Energy Limited IPO Result?
Table of Contents
IPO Result Date:
Modi Energy Limited IPO Result will be conducted on 31st Baisakh 2080 at 09:30 A.M. Modi Energy Limited issued IPO shares to the general public from 19th -24th Baisakh,2080. The company had issued fifty-nine lakhs ninety-four thousand four hundred and twenty(59,94,420) units of shares at the rate of Rs.100 per share to the general public.
Share Distribution Status:
| For Locals | 804,390 units |
| For Mutual Fund | 322,280 units |
| For Foreign Employee Nepalese | 435,000 units |
| For Company’s Staff | 128;910 units |
| For general Public | 59,94,420 units |
Modi Energy Limited IPO Result Check: Click Here
IPO Application Status:
The IPO application status of Modi Energy Limited is shown in the table below:
| Issued Units | 59,94,420 units |
| Applied Units | 1,28,66,230 units(approx) |
| oversubscribed by | 2.14 times |
Among the total applicants, only 5,99,442 people will get shares of Modi Energy Limited. Among them, 2 lucky people will get 11 units of shares each.
Financial Details:
The financial details including Net-worth and EPS of the company are shown in the table:
| Description | FY077/078 | FY078/079 |
| Net-worth per share(Rs.) | 92.57 | 87.63 |
| Earning per share(Rs.) | 0.61 | 15.21 (up to chaitra) |
| Reserved profit/Loss(in ‘000) | 74,304 | 2,68,984 |
Opening Range:
The opening range of Modi Energy Limited is expected from a range of Rs.87.63 to Rs. 262.89. It may vary as it is not fixed. Its range is calculated according to its net worth. The minimum value of the opening range is its net worth and the maximum value is three times its net worth.
Credit Rating:
Care Rating Nepal has provided the rating as CARE-NP BB+(Is) pronounced as [Double B plus issuer] to the company. This indicates that the company has a moderate risk of default regarding the timely servicing of financial obligations.
Payback Period:
The simple payback period and discounted payback period of the company are shown below:
| Description | Years |
| Simple payback period | 12 years 11 months |
| Discounted payback period | 17 years 8 months |
| Net Present Value(NPV) | 5,41,84,824 |
| Internal Rate Of Return(IRR) | 11.59 |
| Total Project Cost | 6.2 Arab |
| Cost Per Megawatt | 31.03 Arab |
1. When will the Modi Energy Limited IPO Result conducted?
Ans: Modi Energy Limited IPO Result will be conducted on 31st Baisakh 2080 at 09:30 A.M.
2. What is the Opening range of Modi Energy Limited?
Ans: The Opening range of Modi Energy Limited varies from Rs.87.63 to Rs. 262.89.
Also Read: How to open a remittance saving account and a Demat account online for foreign employment.