Balephi Hydropower Limited is closing its locals IPO issue today, i.e. Thursday, Falgun 26.

The company has been issuing its 18,27,970 unit IPO shares to the project-affected locals of Sindhupalchowk District from Magh 27, 2078. The early closing date was on Falgun 12. However, the issue was unsubscribed till then and the deadline was extended till Falgun 27, 2078. The company has now decided to close the issue one day early today.

Interested locals can place their applications for a minimum of 10 units and a maximum of 1,00,000 units. Global IME Capital Limited has been appointed as the issue manager for the IPO issuance. ICRA Nepal has assigned a grading of [ICRANP] IPO Grade 4+ to this initial public offering…


Read full article at ShareSansar.com


Leave a Reply

Your email address will not be published.


You May Also Like

Budget positive but challenging for implementation: NCC – |

Nepal Chamber of Commerce (NCC) has observed that the budget government brought…

NAV of Mega Mutual Fund 1 Stands Below Par Value in the Month of Baisakh – |

The NAV report of “Mega Mutual Fund 1 (MMF1)” has been unveiled…

Too Many Bad News in Single Day: NEPSE Loses 2.17% and Closes at 2,661.44 – |

The NEPSE index closed at 2,661.44 today after losing 58.99 points from…

SEBON Approves 5 More Institutional Investors to Participate in IPOs Via Book-Building Process – |

Securities Exchange Board of Nepal (SEBON) has chosen five more institutions to…

Last Day to Apply for IPO of Emerging Nepal Limited – |

Emerging Nepal Limited is closing its IPO issue today. Investors have till…