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Buddha Bhumi Nepal IPO issue | Buddha Bhumi Nepal Hydro IPO Result for Locals

Buddha Bhumi hydropower limited is ready to issue the primary shares to the general public from 11th Ashoj 2078. The total number of IPO shares which is going to issue is 8 lakh units. The early closing date of IPO application is 14th Ashoj 2078. ICRA Nepal has given ICRA NP BB- rating to the IPO of Buddha Bhumi Hydropower company limited which means this company is moderate risk of default regarding timely servicing of financial obligation. The issue manager of this IPO is Civil Capital Market and the Banker to the issue is Civil Bank Limited Sundhara Kathmandu.



About Buddha Bhumi Nepal Hydro Power Company Limited.


The hydropower project name of this company is Tallo Tadi Khola Jalbidhyut aayojana. This project area is located at Dupcheshowr Gaupalika Nuwakot district. This company was eastblished on 31st Shrawan 2074 and converted as the public limited company. According to the AOA and MOA this company has allocated 10% shares of issued capital to the local people of Nuwakot district. Now this company has 26 promoters which has 70 percent shares of this company. This company has got the license to build the hydropower project, production of hydroelectricity and operation of hydroelectricity project from the Ministry of Energy and water resources in the name of tallo tadi khola jalbidhyut aayojana Nirman.The date of liscense of production is 29th Chaitra 2069.The liscence will valid until 26th Chaitra 2104.The total capacity of this hydropower is 4.993 Megawatt. The total investment of this hydropower project is one arba and nineteen crore.The autorised capial of this hydropower company is 75 crore.Likewise the issued capial is 40 crore which is divided into the following heads

·         Promoter share holder share :28 Crore

·         Project affected local people :4 crore

·         General Public : 8 crore

How to apply on this IPO

It is very easy to apply IPO of this hydropower.If you are the mero share user you can easily apply through online. If you are not the mero share user in that case you have go go the bank where you have opened your account for the CSBA Number with the demat account. You can find the share application form, fill it and submit to the bank.Then you will get the token of receipt .

Conclusion

As we know the numbers of demat holders is increasing day by day. Buddha Bhumi Nepal hydropower company is going to issue only 8 lakh units share so there will be more applications compare to the issued IPO.so we suggested you to apply only 10 units. If the IPO got the more application then the issued shares at that time the allotment will done via lottery and lucky applicants will get 10 kitta each

Buddha Bhumi Nepal IPO for the Locals

Buddha Bhumi Nepal Hydropower company has already issued the IPO to the local people of Nuwakot district. As we know that the project site is located at nuwakot district and the people of nuwakot are the project affected local people. This company has issued 10 percent of issued capital which is four lakh units shares worth rupees four crore rupees. All the people who are the resident of Nuwakot district are eligible for the IPO applications

 

IPO result of Buddha Bhumi Nepal IPO for the Local people

Civil Capital is the issue manager of Buddha Bhumi Hydropower.The allotment result of IPO is published on the website of the Civil market. To view the result you have to do the following steps

Check the IPO result of Buddha Bhumi Nepal Hydropower Limited for locals

Checking the Buddha Bhumi Nepal Hydropower Company Limited IPO IPO Allotment Status via the Issue Manager Website ( Civil Capital Market Limited IPO Result)

1) Go to the official Link Civil Capital Market Limited website using the URL: ( https://www.civilcapitalmarket.com/ipo/ )

2) Then you need to select the ‘ Buddha Bhumi Nepal Hydropower Company Limited IPO’ option from the drop-down list under ‘Company’.

3) Select DMAT Number to proceed to the next step

4) Enter the details of the mode you selected.

5) select the ‘Submit’ option.

Check IPO Result for locals click here

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