IPO for General Public: Bungal Hydro Limited to Issue 17,01,500 Units IPO Shares from Bhadra 16
Summary
Bungal Hydro Limited will issue 17,01,500 IPO shares to the general public starting from 16th Bhadra 2082, with allocations also made for locals, overseas Nepalese, employees, and mutual funds.
Key Points
- Bungal Hydro Limited will open IPO for 17,01,500 shares to the general public from 16th Bhadra 2082.
- Total issued capital is Rs. 83 Crores, with 35% shares allocated to the public.
- Allocations include shares for locals affected by the project, Nepalese abroad, employees, and mutual funds.
- The 10.70-MW Upper Sanigad Hydroelectric Project in Bajhang is the main project financed by the IPO.
