Beni Hydropower Project Limited Concludes IPO Allotment for Nepalese Citizens Working Abroad; 10,400 Lucky Applicants Receive 10 Units each
Summary
Beni Hydropower Project Limited concluded its IPO allotment for Nepalese citizens working abroad, allotting 10,400 applicants 10 units each out of the 1,04,000 shares reserved for them.
Key Points
- Beni Hydropower Project Limited has an issued capital of Rs. 1.04 arba with 20% public issuance.
- 10,40,000 shares are allocated each to project-affected locals and the general public.
- Out of the general public shares, 10% (1,04,000 units) were reserved for Nepalese citizens working abroad.
- A total of 10,400 overseas Nepalese applicants were allotted 10 units each after 79,232 valid applications were received.
