Bungal Hydro IPO closes with 14.85 oversubscribed

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Bungal Hydro Limited had 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 had issued 1,701,500 units, but 2,253,254 people applied for a total of 25,270,260 units, making the IPO oversubscribed 14.85 times. This means approximately 551,754 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 LIMITED170150022532542527026025270260002025-09-012025-09-042025-09-05 10:24:34

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.

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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.
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