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    Nepal Stock ExchangeIPO | FPO NewsMadhya Bhotekoshi Jalavidyut launches its initial public offering (IPO)

    Madhya Bhotekoshi Jalavidyut launches its initial public offering (IPO)

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    The Bhotekoshi Jalavidyut Company Limited has announced that its public offering (IPO) will begin on Wednesday. The company has launched an initial public offering (IPO) of Rs 900 million for 9 million units of shares.

    Out of the total of 9 million units available, 4 percent (or 360,000 units) were reserved for firm out of the total of 9 million units available. In a similar vein, 4,000 units have been set aside for the general public to invest in various mutual funds. The remaining 8.9 million units are offered to the general public at a cost of $1.25 per unit.

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    The will be closed on October 1 if you submit your application early. If the issue does not get a sufficient number of subscriptions by the early closing date, the deadline can be extended until October 20.


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