Beni Hydropower Project issues 863,200 units IPOs for general public
Summary
Beni Hydropower Project has opened 863,200 IPO units for the general public starting Monday, marking the first public share issue in three months. The company is offering shares from its Rs 1.04 billion issued capital after allocations for project-affected locals, foreign employment applicants and collective investment funds.
Key Points
- Beni Hydropower Project has issued 863,200 IPO units for the general public from Monday.
- The company has allocated 2,080,000 units, or 20 percent of its issued capital worth Rs 1.04 billion, as primary shares.
- Applications for the IPO can be submitted until Friday, September 11.
- The project operates the 19.8 MW Upper Solu Khola Hydropower Project in Solukhumbu district.
