August 17, 2026, Monday
English

Bhujung Hydropower will issue an IPO to the general public from January 12

Main News Image

Kathmandu. Bhujung Hydropower Limited is going to issue an IPO for the general public from this January 12th. The company has issued and distributed the IPO to local residents affected by the project and Nepalese who have gone abroad for employment, and now it is going to be released to the general public.

The company got permission from the Nepal Securities Board to issue 20 million shares worth 20 million rupees in an IPO of 20 percent of its issued capital of 1 billion rupees. Out of which, 10 lakh shares have been distributed to the affected people of the IPO project and 1 lakh shares have been distributed to the Nepalese who are employed abroad.

Now, out of the remaining 900,000 shares, the company is going to issue 20,000 shares for the employees of the company and 50,000 shares for collective investment funds, and the remaining 830,000 shares will be issued to the general public at the rate of 100 rupees per IPO share.

When applying for IPO, it has been arranged that a minimum of 10 shares and a maximum of 50,000 shares can be requested. The eviction closure will be on January 15th at the earliest and January 26th at the latest. Looking at the public's interest in the IPO and the number of applications, it is certain that enough applications will be received before January 15th.

mediabaaji add

Related News

Trial of Tamghas-Burtibang 132 KV transmission line started

Kathmandu. The testing of the 132 kV double circuit transmission line constructed by the Nepal Electricity Authority from Gulmi headquarters Tamghas to Burtibang has been started from today. The line built under Burtibang-Paudiamrai-Tamghas-Sandhi...

What is the foreign currency exchange rate on Monday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the Rashtra Bank, the buying rate of one US dollar has been fixed at 141 rupees 70 paisa and the selling rate ha...

6 thousand 40 cylinders of gas are being distributed today

Kathmandu. Nepal Oil Corporation has increased its vigilance to prevent artificial shortage of cooking gas in the market and has asked consumers not to stock up unnecessarily. Chandika Prasad Bhatt, executive director of the corporation, clarified...

3 billion 55 crores damage to agriculture and livestock sector across the country due to rain

Kathmandu. The Ministry of Agriculture and Livestock Development has said that due to the heavy rains that occurred last October, there was a loss of 3.55 billion in the fields of agriculture and animal husbandry acros...

Most of the commercial banks have reduced the interest rate for the month of February, how much?

Kathmandu. Commercial banks have announced the new interest rates applicable for the month of February. According to the information published by the banks, most of them have reduced the interest rates. It seems that the maximum average interest r...

Young farmer's strawberry farming in Dang flourishing, business worth lakhs

Kathmandu. Due to agricultural technology and professional thinking, strawberry cultivation has started to flourish in Ghorahi area of ​​Dang. Dasharath Saud, 27 years old from Kailali, has been doing business of lakhs from his strawberry farm on...