Today, Sunday (Ashadh 22), is the last day to apply for the Initial Public Offering (IPO) of Bikash Hydropower Company Limited. Interested investors must submit their applications within office hours today.
IPO Details
- IPO Opening Date for General Public: Ashadh 18, 2081 (Wednesday)
- IPO Closing Date: Ashadh 22, 2081 (Sunday – Today)
- Minimum Apply: 10 units
- Maximum Apply: 10,000 units
Total Issued Capital and Share Distribution
Bikash Hydropower Company Limited has a total issued capital of NPR 909,101,300. Out of this, the company is allowed to issue 49% of the shares to the public, which amounts to:
- Total Public Shares: 4,454,596 units (worth NPR 445,459,600)
The IPO is being released in different categories:
Already Allotted:
- Local Residents of Project-Affected Areas:
- 909,101 units
- Nepalese Working Abroad (Foreign Employment Quota):
- 354,550 units
Now Issuing:
- Employees of the Company:
- 70,910 units (reserved)
- Mutual Funds:
- 177,275 units (reserved)
- General Public:
- 2,942,760 units (open for public subscription now)
Credit Rating
ICRA Nepal has assigned the IPO a rating of [ICRA NP-IR] BBB- (Triple B Minus). This means the company has moderate credit risk and average capacity to meet its financial obligations.
