Tuksar Pikhuwakhola Hydropower is set to launch its IPO on Falgun 27, targeting local residents of the project area and Nepalis working abroad.
In the first phase, the company will issue shares for project-affected local residents in Bhojpur district and Nepalis working overseas. Of the total shares allocated to the general public, 12 lakh shares have been reserved for local residents, while 10% of the total allocation—303,367 shares—is reserved for Nepalis working abroad. Applicants from both groups can apply for a minimum of 10 shares and a maximum of 50,000 shares.
The application period for local residents will open at the earliest on Chaitra 11 and close at the latest on Chaitra 26, 2083 B.S. Nepalis abroad can submit applications from Chaitra 1 to Chaitra 11, 2083 B.S., during banking hours.
Application channels differ for the two groups. Nepalis abroad can apply through C-ASBA-authorized banks and financial institutions as well as via CDSC’s Mero Share online platform. Local residents in Bhojpur can submit applications through Prabhu Bank branches in Bhojpur, Pyaulee, and Hatuwagadhi, Citizens Bank Bhojpur branch, or via Prabhu Capital. The IPO’s sales manager is Prabhu Capital Limited.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
