Barahi Hydropower Public Limited has scheduled IPO Result or Issue Allotment for next week, per the sources. It might be designed for Sunday or Monday, as per the sources.
Notice Date: Last updated Apr 14, 2023
NIBL Ace Capital Limited, a wholly-owned subsidiary of Nepal Investment Bank Limited, serves as the company’s issue manager. Barahi Hydropower Public Limited’s shares were already oversubscribed when they were closed on December 12, 2022, at 5:00 p.m. Out of the total shares issued, 27,700 have been allocated to mutual fund schemes.
Out of the total shares issued, 27,700 have been allocated to mutual fund schemes. Likewise, 11,080 shares are reserved for corporate personnel. The remaining 5,15,220 shares are consequently offered to the general public.
Check the IPO Result notice published by Barahi Hydropower Public Limited.
The company’s issue manager, NIBL Ace Capital Limited, will provide updates on the IPO allotment status on its official website. Therefore, the Sebon website, as well as the NIBL ace capital website, will be updated with the IPO result of Barahi Hydropower Public Limited. For regular education and financial market information. Be updated about your IPO from websites Mero share or iporesult. CDC.
Barahi was founded as a private Limited company in April 2006. To encourage more public participation, it converted to a public limited company in March 2015. The required commercial operation date was five years following the RCOD on May 10, 2013. Since July 8, 2018, the company has been running a 1.5 MW Theule Khola HEP in the Baglung district of Nepal’s Gandaki Province. With funding of NPR 374 million and a debt-to-equity ratio of 52:48. The project is of the run-of-the-river (R-o-R) type, and there is a 40% chance that it will succeed (Q40).
Any changes in the IPO issue allotment will be updated on this site.
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