Bungal Hydro IPO opens today, oversubscribed on first day

default-dp
By
NEPSE Trading
NEPSE Trading curates news from various share market sources across Nepal and offers deep analysis and commentary, helping readers understand key developments and their impact on...
447 Views
1 Min Read

Bungal Hydro Limited has opened its initial public offering (IPO) for the general public from Bhadra 16, 2082, to Bhadra 19, 2082. The IPO is managed by Himalayan Capital Limited.

The company has issued 1,701,500 units, but investors have already applied for 7,208,360 units, making the IPO oversubscribed 4.24 times. This means approximately 550,686 applicants will not be allotted, leaving many applicants without shares. This shows strong interest in Nepal’s hydropower sector.

S.NCompany NameIssue ManagerIssued UnitNumber Of ApplicationApplied UnitAmountOpen-DateClose-DateLast Update
1Bungal Hydro Limited - BUNGAL (IPO - For General Public)HIMALAYAN CAPITAL LIMITED170150063648772083607208360002025-09-012025-09-042025-09-01 17:07:25

Investors who want to be part of this growing sector still have a chance to apply before the IPO closes. The strong demand highlights confidence in the company’s future growth and the overall potential of hydropower in Nepal.

Share This Article
NEPSE Trading curates news from various share market sources across Nepal and offers deep analysis and commentary, helping readers understand key developments and their impact on the market.
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *