Bhujung Hydropower Ltd. is set to issue its initial public offering (IPO) for the general public starting tomorrow, Magh 12, 2082 B.S. The company plans to offer 830,000 ordinary shares to public investors at a price of Rs 100 per share.
Investors can apply for a minimum of 10 shares and a maximum of 50,000 shares. The IPO will close as early as Magh 15 or by the latest on Magh 26, 2082 B.S.
ICRA Nepal has assigned the company an “ICRANP Issuer Rating Single B Plus”, indicating a relatively high-risk investment.
Kumari Capital Ltd. has been appointed as the issue manager and sales agent for the IPO.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
