Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Buddha Bhumi Nepal Hydropower Company Limited will be issuing 8,00,000 units worth Rs 8 crore as Initial Public Offering to the general public from Ashwin 11, September 27.
The early closing date of this issue is on Ashwin 14 and if the issue is not fully subscribed till Ashwin 14, then it can be extended up to Ashwin 25, 2078.
Out of the offered 8,00,000 units; 2% of the total offered shares to the general public i.e. 16,000 units have been set aside for the employees of the company and 5% of the total offered shares to the general public i.e. 40,000 units have been set aside for the mutual funds. The remaining 7,44,000 units are for the general public.
Applications can be placed for a minimum of 10 units and a maximum of 50,000 units.
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