भुगोल इनर्जिले चैत २३ गतेदेखि आईपीओ निष्काशन गर्ने सम्बन्धी सूचना

Bhugol Energy Development Company Limited has announced its plan to issue an IPO from Chaitra 23. The IPO was previously offered to local residents and Nepalese working abroad, and is now available to the general public. The company has issued 1,088,107 ordinary shares at a rate of Rs. 100 per share, which is 20% of the total issued capital of Rs. 54 crores, 40 lakhs, and 53 thousand and 400. Nepalese working abroad are allocated 1811 shares, and 71,916 shares are reserved for employees.

The general public can apply for a total of 1,346,993 shares. The IPO will close on Chaitra 27 if it is not delayed, and on Baisakh 7, 2080 if it is. The hydropower project managed by the company is estimated to cost Rs. 73 crores 19 lakhs 78 thousand 808 for 3.75 megawatts, with a cost of Rs. 19 crores 51 lakhs 94 thousand 349 per megawatt. The electricity production permit for the project is valid for 25 years. ICRA Nepal has given the company an ICRA-NP IR B- (minus) rating, indicating a high risk to the company's ability to meet its obligations.