Beni Hydropower Project Limited Concludes IPO Allotment for Project-Affected Locals of Solukhumbhu on Today

Summary

Beni Hydropower Project Limited concluded IPO allotment for project-affected locals of Solukhumbhu district, issuing 10.4 crore worth shares as part of its Rs. 1.04 Arba capital.

Key Points
  • Beni Hydropower Project Limited allocated 10% of its IPO shares to project-affected locals of Solukhumbhu district.
  • The company's total issued capital is Rs. 1.04 Arba, with 20% shares issued to public.
  • Different categories of affected locals received shares based on their application category and allotment module.
  • ICRA Nepal upgraded Beni Hydropower's issuer rating to BB+ indicating moderate risk.
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