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

Related News

Preparing to blacklist these 15 construction companies

Kathmandu. The Public Procurement Monitoring Office under the Prime Minister's Office has initiated the process of blacklisting 15 construction companies.

The office has issued a notification today and has asked the construction compan...

Exchange rate of foreign currency, selling rate of dollar 153 rupees 61 paise

Kathmandu. Nepal Rastra Bank has determined the exchange rates of various foreign currencies for today. According to the new rate announced by the Central Bank, the buying rate of one US dollar is Rs 153.01 paisa and the selling rate is Rs 1...

Question to the Minister of Finance: What source of income did you see and are you going to increase the salary of the employees?

Rusha Thapa

Kathmandu. More than five years have passed since cooperatives, microfinance, and finance collapsed. Now the crisis has started to appear in the bank as well. It has been the same time that the country has been in economic recess...