IPO allocation of Bhujung Hydropower, 83 thousand got shares

Kathmandu. Bhujung Hydropower Limited has completed its IPO allotment to the general public. Sales manager Kumari Capital Limited has allotted the IPO today at 9 am on Tuesday. The company issued a total of 830,000 IPO shares to the general public from January 12th to January 15th at the rate of Rs. 100 per share.

Out of a total of 25 lakh 79 thousand 920 applications for the IPO, only 25 lakh 39 thousand 892 applications have been qualified and the remaining applications have been cancelled.

After more applications than the demand, the IPO was distributed through the round system. In the allotment, 83,000 people have received the IPO at the rate of 10 and 10 shares, while all the remaining applicants have been left empty-handed.

Express

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