IPO of Buddha Bhumi Hydropower Opening Today

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From Ashwin 11, Buddha Bhumi Hydropower Company Limited issue 8,00,000 ordinary shares worth Rs. 8 crores to the public. The IPO issue’s early closing date is Ashwin-14, 2078. If this issue does not 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 public 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 Capital Limited.

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