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    Nepal Stock ExchangeIPO | FPO NewsThe IPO of Buddha Bhumi Hydropower comes to a close with a...

    The IPO of Buddha Bhumi Hydropower comes to a close with a total of 21,42,000 applicants.

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    Buddha Bhumi Hydropower Company Limited has completed its initial public offering (IPO) of 8,00,000 units of ordinary shares with great success.

    With effect from -11, 2078, the business has issued a total of 800,000 units of shares, representing approximately 20% of the total issued capital. Mutual funds accounted for 40,000 out of the total of 800,000 units, or 5% of the overall sales volume. Only 2 of the total units, or 14,000 units, were reserved for corporate employees, while the rest 7,44,000 units were reserved for of the general public.

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    For the initial public offering (IPO), Civil Capital Market Limited has been designated as the manager. According to the issue manager, a total of 2,69,20,120 units have been applied for by a total of 21,42,000 applicants. This is the information that was provided the problem was closed at 5 p.m. today. As a result, the has been oversubscribed by 36.18 times.


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