Kathmandu. Bhujung Hydropower Limited is issuing an initial public offering (IPO) from January 26. The company is issuing shares to the general public after issuing shares to the locals of the project-affected areas and Nepalis who are employed abroad.
The company was allowed to issue 20 percent of the issued capital i.e. 20 million units of shares worth Rs 200 million. Out of the total offered shares, the company has set aside 10 Lakh units for the locals of the project affected area and 1 Lakh units for the Nepalese working abroad.
