Bindhyabasini Hydropower Company IPO opens today. Bindhyabasini Hydropower Development Company Limited (BHDCL) IPO has been issued for the general public.
A total of 15,00,000 units IPO shares worth Rs. 15 crore have been issued to the general public from Jestha 20, 2079. The early closing date of this issue is on Jestha 25, 2079 and if it is not fully subscribed then it will be extended up to Ashadh 03, 2079. But it will be oversubscribed within the early deadline.
According to Sanima Capital Limited, the issue manager of the IPO issuance, Out of the offered 15,00,000 units; 4% of the total offered shares (60,000 units) have been secured for the employees of the company and 5% of the total offered shares (75,000 units) have been allocated for the mutual funds. The remaining 13,65,000 units have been issued to the general public.
Bindhyabasini Hydropower Company IPO
Applicants can be applied for a minimum of 10 units and a maximum of 1,00,000 units for the Bindhyabasini Hydropower Development Company Limited (BHDCL) IPO.
The company has already allocated 10% of the company’s issued capital to the locals of project affected area and this 15% is issued to the general public now. You can check it from the Sanima Capital IPO Result page.
CARE Ratings Nepal gave a double B plus issuer rating [CARE-NP BB+ (Is)] to the company. This means that the company has a moderate risk of default regarding timely servicing of financial obligations if required.
Bindhyabasini Hydropower IPO
Bindhyabasini Hydropower IPO is potential IPO for investor which is highly opportunities to get. So, You need to apply for Bindhyabasini Hydropower Company IPO. But you only need to apply for 10 to 20 units.
Bindhyabasini Hydropower Development Company Ltd (BHDCL)
Bindhyabasini Hydropower Development Company Limited (BHDC) was incorporated in 2057/09/03 to develop, operate and maintain 15.4 MW project through the corridor of Rudi Khola compromising two cascade projects of Rudi A (8.8 MW) and Rudi B (6.6 MW). The authorized share capital of BHDC is 200 Crores.
BHDC is focused on developing and implementing affordable renewal energy projects that enhance productivity and improve Nepalese living standards.
We are driven to use state-of-the-art technology that maximizes the potential of hydro products in Nepal, that is why we have awarded our contract with Toshiba Plant Systems & Services Corporation (India) Limited subsidiary of TPSC Tokyo, Japan.
Our team consists of great professionals, each passivate about of the vision and our ambitions. The multiples business experience and technical knowledge within the company resulted in the completion of first project of RUDI A (8.8 MW) in 2018.
Rudi Khola-A Small Hydropower Project (8.8 MW) is located at Mijuredanda VDC of Kaski district. Likewise, Rudi Khola B Small Hydropower project (6.6 MW) which is a run-of-river type of project located just upstream of panned Rudi-A Small Hydropower Project.
Major part of Rudi-B Small Hydropower Project is located in Lamjung district at Pasgaun VDC. Rudi khola precisely is located within the boarder of Lamjung and Kaski district. Geographical coordinate of the Rudi-A project area is located between Longitudes 84° 11′ 00″ E and 84° 13′ 00″ E and Latitudes 28° 13′ 51″ N and 28° 16′ 20″ N.
The catchment area of Rudi above the collection intakes is 53.43m2 including all collection works from Chhedwa and Rudi from the left bank. Likewise, the geographical coordinate of the Rudi-B project area is located between longitudes 84o11’00” to 84o13’00” and latitudes 28o16’20” to 28o17’50”.
The catchment area of Rudi above the collection intakes is 35.3m2 including all collection including Ligur khola from the right bank.
The road distance of the project sites from the capital city Kathmandu is 200 kms approx.
The project site is accessible from Damauli and Rambazzar and also from Pokhara via Mungribesi. New Access Track along Rudi- A alignment follows up to Rudi-B PH which is used by this project for construction of the project.
How to apply for Bindhyabasini Hydropower IPO ?
Are you looking for How to apply for Bindhyabasini Hydropower IPO, here is the process of How to apply for Bindhyabasini Hydropower IPO for the general public?
If you are thinking about How to apply Bindhyabasini Hydropower IPO from MeroShare ? or how to apply IPO online in Nepal, you need to go https://meroshare.cdsc.com.np/#/login page.
How to apply ipo through asba ? The same method for apply IPO though ASBA. So, the following steps to know how to apply ipo from mero share ? or how to apply ipo from meroshare ?
- Go to official website www.meroshare.cdsc.com.np meroshare cdsc com np login
- Select Your DP (Bank or Capital where you open your mero share and CRN account)
- Enter the user name and password,
- Click on login bottom
- Go to my ASBA
- Click on my ASBA
- See on the Apply on issue
- Click on the Apply bottom
- Fill the required information (Select bank account, number of applied share)
- Enter the CRN number in same page and click on all information is current option,
- Then click on apply
- Then write the four digit security code or OTP
- Then submit
Application was completed; you will see that successfully applied with green color.