Bindhyabasini Hydropower Development Company Limited is open IPO for sale from today (April 28). The Bindhyabasini Hydropower IPO is issued for the residents of the project-affected areas. So, only the project-affected areas people can apply for this IPO now. The IPO for the public will open after this issuance is concluded. You can apply through mero share or Nepali mero share app or the nearest related bank.
The company’s IPO applied date is the 25th of Baishakh at the earliest and the 9th of May at the latest. If the IPO is not sold out within this period, then the date of the application period will be extended.

The Bindhyabasini Jalbidhut has been issued 1 million ordinary shares with a face value of Rs 100 per share. A total of 7 lakhs Bindhyabasini Jalbidhut IPO is allocated in the main infrastructure area of the project in ward no. 5, 6 and 7 of Quolasothar Rural Municipality of Lamjung district and ward no. 8 and 9 of Madi village municipality of Kaski district. The remaining 300,000 shares will be distributed to the locals of Kwalasothar village municipality, which is connected to the main structure of the project in Lamjung district, and all other wards of Madi village in Kaski district.
Applications for the IPO can be submitted from Sanima Bank’s Birauta and Pokhara Branch Office, Civil Bank’s Maling Branch Office, Kamana Seva Vikas Bank’s Kaski and Beshishahar Branch, Pokhara Finance’s Pokhara and Beshishahar Branch and project workplace.
If you want to apply it from mero share, applications can be submitted from all C-ASWA member banks, financial institutions, and their branch offices.
The issue manager of the IPO is Sanima Capital Limited. Investors can apply for a minimum of 10 units of shares and a maximum of 100,000 units.
This IPO received the Care NP Double B Plus IS rating from Care Rating Nepal. This indicates a moderate risk in the company’s ability to bear responsibility if any bad situation.