Bungal Hydropower opens IPO for general public, 1.7 million shares on offer

Summary

Bungal Hydropower Limited has launched an IPO offering 1.7 million shares to the general public, with applications open from September 1 to a latest closing date of September 15.

Key Points
  • Bungal Hydropower Limited opened its IPO for the general public on September 1.
  • 1,701,500 shares are available at a face value of Rs 100 per share.
  • The IPO offers a total worth of Rs 170.15 million.
  • CARE Ratings Nepal assigned a CARE-NP B (Is) rating indicating average financial risk for the IPO.
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