Barahi Hydropower Public released a notice that its IPO Shares are now listed on the NEPSE. Public IPO shares of Barahi Hydropower are currently traded on the NEPSE.
Notice Date: January 17, 2023
This includes the total number of shares issued to the public and the promoters’ shareholdings. 64.97 to 194.91 is the beginning price range for the first transaction. The claims from the IPO will begin trading on the secondary market the next day if the company and NEPSE can agree.
Barahi Hydropower’s IPO Shares are currently traded on the NEPSE. What are the first price ranges?
Out of 25,00,000 units, 5,54,000 units worth Rs. 5.54 crore were sold in an IPO to the general public between Mangsir 21 and Mangsir 26, 2079. 25,00,000 Barahi Hydropower Public Limited (BHPL) unit IPO shares have been launched on the NEPSE. This includes the total number of shares issued to the public and the promoters’ shareholdings. 64.97 to 194.91 is the beginning price range for the first transaction. The claims from the IPO will begin trading on the secondary market the next day if the company and NEPSE can agree.
About the company:- Barahi Hydropower
Barahi Hydropower has the vision to develop clean energy in Nepal through the broad-based participation of local people. Barahi Hydropower has shared their mission :
- To develop, own, and run small and medium-sized hydropower systems around the nation for the benefit of the general populace.
- To foster collaboration with the private sector.
- Through careful and good investment processes to ensure shareholders receive an appealing and sustainable long-term return.
Some of the projects run by Barahi Hydropower are:
- Theule Khola Hydropower project (1.5 MW)
- Simkosh Khola Hydroelectric Project (3.45 MW)
- Lower Theule Khola Hydroelectric Project (0.75 MW)
The private sector-friendly strategy was primarily formulated by BHPL, which also offers to advise support to Nepal’s minor hydropower projects. To launch its hydropower business, BHPL has established its business milestones and has a strategy to create 14.5 MW over the next four years, of which 1.5 MW has been in operation for the previous three years. We support collaboration, inclusive growth, and sustainable development to benefit the business and its employees.
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