September 28, 2026, Monday
English

2 million shares of Bhujung Hydropower IPO coming

Main News Image

Kathmandu. Nepal Securities Board Sebon has given permission to Bhujung Hydropower Limited to issue an initial public issue IPO to the general public. Sebon has given approval to the company to issue 2 million shares with a face value of Rs 100 per share.

The IPO project will be open to the general public including the affected locals. Kumari Capital Limited is the issuing and selling manager of this IPO. Currently, the founding group owns 80 percent of the shares in Bhujung Hydropower. The company's current paid-up capital of Rs 80 crore will increase to Rs 1 billion after the IPO.

The company has completed the construction of the 'Upper Midi Hydroelectric Project' with a capacity of 7.5 MW in Lamjung District. According to the company, the project has been put into commercial production since May 6, 2081. Bhujung Hydropower received the power generation license on 26 August 2076, which will be valid until 25 August 2011. After the release of this IPO, it is expected that the investment structure of the project will be further strengthened and the long-term financial capacity of the company will improve.

mediabaaji add

Related News

4.28 points decline in NEPSE, turnover of 4 billion 71 crores

Kathmandu. On the second trading day of the week, the NEPSE index decreased by 4.28 points to 2645.24. During the day, 18,60,828 shares of 325 companies were bought and sold, and over 4.71 billion shares were traded. T...

Rice production in the Far West: Area decreased, productivity increased

Kanchanpur. Paddy productivity has increased in recent years in Sudurpaschim Province. The Agriculture Development Directorate Sudurpaschim has said that the rice production has increased after the farmers started to b...

73,000 shares of founder shares of Himalayan Bank for sale

Kathmandu. Himalayan Bank Limited has put a total of 73 thousand 69.66 shares of founder shares owned by five founder shareholders for sale. 

The bank has sold 20 thousand 482.08 shares of shareholder Jeet Kumar Shrestha, 20 thousand 29...

NEPSE fell by 27.59 points, trading fell to 6.69 billion

Kathmandu. On the first trading day of the week, the NEPSE index decreased by 27.59 points and remained at the point of 2614.55. During the day, 1 crore 59 lakh 89 thousand 430 shares of 324 companies were bought and sold, and 6 billion 69 crore 9...

Decline in paddy production in Bhojpur: Farmers suffer due to erratic weather

Bhojpur. Due to irregular weather this year, paddy production has declined in Bhojpur district. According to Krishi Gyan Kendra, the production has decreased due to the lack of sufficient rain on time and the unseasonal rain after planting has dam...

Hotel Park Land has applied to the Securities and Exchange Board for an IPO issue

Kathmandu. Hotel Park Land Limited has applied to the Securities Board for permission to issue IPO. The company has sought permission from the board to issue a total of 1.5 million shares at a marked rate of Rs 100 per share. 

Citizens...