Bhujung Hydropower Limited has announced that it will issue its initial public offering (IPO) of ordinary shares to the public starting Magh 12, 2082 B.S. The company plans to offer 830,000 shares to general 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 subscription will close at the earliest on Magh 15 and at the latest on Magh 26, 2082 B.S.
Credit rating agency ICRA Nepal has assigned the company an “ICRANP Issuer Rating Single B Plus,” indicating a high level of risk associated with the investment.
The share issuance and sales will be managed by Kumari Capital Limited, which has been appointed as the issue and sales manager for the IPO.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
