Kathmandu. Bhujung Hydropower IPO has been issued on February 12.
The IPO issuance is scheduled at 9:00 am today at the office of Kumari Capital, the issue manager for the IPO issuance. The company had issued a total of 8,30,000 units of shares to the general public from January 26 to January 29.
A total of 2,84,41,680 units of shares were sought from 2,579,920 applicants. Out of the total 2,539,892 applicants, 2,79,67,850 units of shares have been validated while 4,73,830 units of shares from 40,028 applicants have been validated.
The IPO has also been allotted through lottery due to more applications than the demand. Out of this, 83,000 applicants got 10 units of shares. In this way, 24,56,892 applicants have been left empty-handed.
The IPO results will be announced shortly. The results can be seen from the Securities Issue Manager and the Securities Issue Company as well as My Shares of CDSC and iporesult.cdsc.com.np}.
