Bhujung Hydropower will issue an IPO to the general public from January 12
-
Media Baaji
- Fri, 16 January 2026
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.
Express
Related News
Foreign Currency Exchange Rate: Selling rate of US Dollar is 152 rupees 31 paise
Kathmandu. Nepal Rastra Bank has announced the new exchange rate of foreign currency for today. According to the rate determined by the Central Bank, the buying rate of one US dollar has been fixed at 151 rupees 71 paisa and the selling rate of 15...
Nirmal Dhakal has been appointed as the head of the Asset Clearance Department
Kathmandu. Joint Secretary Nirmal Dhakal has been appointed as Director General of Asset Laundering Investigation Department. He was made the director general who was working as the deputy director general of the department.
The previous Dir...
In the first quarter, the expenditure of Kathmandu Metropolitan City was 12.94 percent
Kathmandu. In the first quarter of the current financial year, the total expenditure of Kathmandu Metropolitan City has reached 12.94 percent. Of the allocated 25 billion 11 crore 43 lakh 41 thousand rupees, 3 billion...
Riders of Pathao and Indrive must take mandatory PAN
Kathmandu. The government has brought ride-sharing services such as Pathao and InDrive under the ambit of taxation and implemented a new legal arrangement related to Value Added Tax VAT.
The Internal Revenue Department has issued a public no...
National Life earned a profit of 148 million rupees in the first quarter, insurance fund close to 1 billion
Kathmandu. National Life Insurance Company Limited has earned a net profit of Rs 148 million in the first quarter of the current financial year. The company's net profit has increased by 1.81 percent compared to Rs. 13...
Illegal goods worth 3.5 million seized in Rasuwa in 9 months
Rasuwa Illegal imported materials worth Rs 351 lakh 76 thousand 420 have been seized in Rasuwa from July to March of the current financial year. According to the Rasuwa Customs Office, as part of the revenue leakage control campaign, the goods of...