• August 2, 2021
Upcoming IPO In Nepal: Buddha Bhumi Nepal Hydro Power Company To Issue IPO

Upcoming IPO In Nepal: Buddha Bhumi Nepal Hydro Power Company To Issue IPO

Buddha Bhumi Nepal Hydro Power Company Limited is going to issue IPO. SEBON approved the application of the hydropower company regarding the issue of IPO. After the IPO issue, the paid-up capital of the company will be Rs. 40 crores. Civil Capital Market is the issue manager. The promoters will hold 70% of the total capital while the ordinary shareholders will hold 30%.

Upcoming IPO In Nepal: Buddha Bhumi Nepal Hydro Power Company To Issue IPO

Buddha Bhumi Nepal Hydro Power Company is going to issue 12 lakhs unit of shares.  4 lakh unit of shares is allocated for the locals of the project affected area. Buddha Bhumi Hydropower Company is constructing a 5MW project in Tadi Khola of Nuwakot District.

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