Bhujung Hydropower’s IPO Allotment Tomorrow
Summary
Bhujung Hydropower Limited will conduct its IPO allotment tomorrow morning on February 10, following a successful offering where 2,665,174 applications were placed for 30,784,820 units. The company aims to raise Rs 20 Crores for its Upper Midim Hydropower Project located in Lamjung district, Nepal.
Key Points
- Bhujung Hydropower Limited is conducting its IPO allotment tomorrow morning (February 10) at 9 am.
- The company offered 830,000 unit shares to the general public at a face value of Rs 100 per unit starting January 26.
- A total of 2,665,174 applications were placed for 30,784,820 units until the early closing date of January 29.
- Bhujung Hydropower is developing the Upper Midim Hydropower Project, a 7.5 MW run-of-river project in Lamjung district, Nepal, headquartered in Kathmandu.
