02-Feb-2022
Kathmandu
Balephi hydropower limited (BAHL) For Locals and General public IPO.
Balephi hydropower limited is going to issue 3,655,940 ( Thirty six lakh fifty five thousand and nine hundred fourty) IPO ( initial public offering) shares worth of 365,594,000 ( Thirty six Crore and fifty five lakh ninty four thousand) with base price of Rs. 100.
Who is the issue manager of Balephi hydropower Limited?
Global IME capital limited
After the initial public offering promoters share vs general public ratio will be 80% vs 20%.
How much to apply?
Minimum 10 kitta to maximum 1,000 kitta could be.
About Balephi hydropower limited:
Water resources are the major natural resources identified for the development of Nepal. Nepal has a large hydropower potential amounting to 83,000MW. So far less than 1% of total potential has been exploited at present in spite of higher demand resulting in severe load shedding.
To meet the increasing power demand much attention has been given to study different scale projects. The funding requirements for such projects have so far delayed the implementation and have created a critical situation in the power supply. It is therefore utmost important to be involved INPD into the system to expedite the hydro-power in Nepal. ( source : Balephi website)
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