Bungal Hydro IPO Allotment Completed! What You Need to Know About the IPO in Nepal
Great news for those who applied for the Bungal Hydro Limited IPO while working abroad! The IPO allotment has been finalized. Himalayan Capital, the issue manager, confirmed the share allotment was completed on July 26th via a lottery system. If you’re a Nepali working overseas and successfully submitted an application, check your status now to see if you secured some Bungal Hydro IPO shares!
The company offered a total of 207,500 shares to Nepalese citizens working abroad starting June 29th. This IPO offering was specifically for the migrant worker segment. Prior to this, the IPO had been open to the local residents impacted by the project. The IPO allotment for locals has also concluded.
What’s next for Bungal Hydro? After the initial IPO phase, the company will now focus on the general public IPO offering. Keep an eye out for the announcement regarding the Bungal Hydro IPO for retail investors. This is a great opportunity to invest in the Nepalese stock market. Stay updated on stock market news and the latest IPO updates. Don’t miss out on the chance to participate in upcoming IPOs in Nepal! Learn how to apply for an IPO and understand the IPO process to make informed investment decisions. Remember to research the Bungal Hydro Limited and other hydro projects in Nepal before investing. Investing in the stock market can be rewarding when done wisely. Track IPO performance and share prices for the best results. Good luck and happy investing! This IPO announcement is a key point to consider.
