18.1 C
Wednesday, October 27, 2021
    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.

    Must Read

    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.

    - Advertisement -

    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.

    May Also Like


    Please enter your comment!
    Please enter your name here

    Latest News

    Hotel entrepreneur Shrestha has passed away at the age of 91.

    Gautam Das Shrestha, a veteran hotel owner and past president of the Hotel Association of Nepal, passed away on...

    More Articles Like This