From Ashwin 11, Buddha Bhumi Hydropower Company Limited would issue 8,00,000 ordinary shares worth Rs. 8 crores to the general public. The IPO issue’s early closing date is Ashwin-14, 2078. If this issue does not sell out by Ashwin 14th, 2078, it will be extended until Ashwin 24th, 2078.
From Ashwin-11, 2078, the business plans to issue a total of 800,000 units of shares, or 20% of its total issued capital. A total of 40,000 units, or 5%, of the 800,000 units are for mutual funds. The company’s employees will receive 2% of the total units, or 14,000 units, while the general public would receive the remaining 744,000 units.
A minimum of 10 units and a maximum of 50,000 units can be applied for.
The issue manager for the IPO issuance has been named NIBL Ace Capital Limited.