IPO for General Public: Bungal Hydro Limited Company Issue 17,01,500 Units IPO Shares from Today
Summary
Bungal Hydro Limited has launched its IPO, issuing 1,701,500 shares at Rs. 100 each to the general public starting 16th Bhadra, 2082, with an option to extend the subscription deadline to 30th Bhadra if undersubscribed.
Key Points
- Bungal Hydro Limited opened an IPO for 1,701,500 shares starting on 16th Bhadra, 2082.
- The IPO shares are priced at Rs. 100 each, with a minimum application of 10 units and maximum of 20,000 units.
- The company is developing a 10.70-MW Upper Sanigad Hydroelectric Project in Bajhang, Nepal.
- ICRA Nepal assigned Bungal Hydro Limited a long-term rating of [ICRANP] LB- and a short-term rating of [ICRANP] A4.
