IPO Allotment of Bhujung Hydropower Company Limited Concluded [IPO Result !!]
February 10, 2026 | Investopaper
IPO Allotment Of Bhujung Hydropower Company Limited
Kumari Capital Limited, the issue manager for the initial public offering (IPO) of Bhujung Hydropower Company Limited , has concluded the IPO allotment process on Tuesday.
After the allotment, 83,000 applicants have received 10 shares each through lottery.
A total of 25,39,892 valid applicants had subscribed for the shares. With the allotment, more than 24.5 lakh applicants were left empty-handed.
To view the IPO result of Bhujung Hydropower Company Limited , click the link below:
IPO Result Of Bhujung Hydropower Company Limited
Second Phase: IPO To General Public
After the first phase, Bhujung Hydropower Company Limited had issued the shares to the general public in the second phase of an initial public offering (IPO). The IPO to general public was open from Magh 12, 2082 BS.
The company had sold 8,30,000 shares at Rs. 100 per share to the general public.
Interested investors could apply for a minimum of 10 shares and a maximum of 50,000 shares.
The public offering was closed on Magh 15, 2082 BS.
The company has allotted 50,000 shares to the mutual fund schemes and has reserved 20,000 shares to the employees of the company.
In total (including the first and second phase), the hydropower floated 20,00,000 shares in the initial public offering. At a par value of Rs. 100, the public issue amounts to Rs. 20 crores.
First Phase: IPO To Locals & Foreign Employed Nepalis
In the first phase of the IPO, the company had sold the shares to the locals of the project affected areas and to the Nepalis in foreign employment from Poush 3, 2082 BS.
The company had floated 10,00,000 shares to the locals of the project affected areas of the Lamjung district (Kwholasothar Rural Municipality). Due to full subscription, the IPO to locals of project affected areas was closed on Poush 17, 2082 BS.
Interested eligible locals could subscribe for a minimum of 10 shares and a maximum of 50,000 shares.
Similarly, the company had also issued 100,000 shares (10 percent of general public’s quota) to the foreign employed Nepalis from Poush 3, 2082 BS. The IPO to foreign employed Nepalis was closed on Poush 7, 2082 BS. Interested foreign employed Nepalis could apply for a minimum of 10 shares and a maximum of 50,000 shares.
For this purpose, Securities Board Of Nepal (SEBON) has given the approval to the company on Mangsir 11, 2082 BS. The company had submitted the application to the board on Bhadra 21, 2080 BS. Only after the approval from the regulatory body SEBON, the company can sell shares to the public.
Kumari Capital Limited is the issue and sales manager.
About Bhujung Hydropower Company Limited
Bhujung Hydropower Company Limited was established in 2015. The company is currently operating Upper Midim Hydropower Project in Kwhlosothar Rural Municipality of Lampung district.
The company received the generation license of the project on September 11, 2020 for 35 years. The project is a run-of-river type project with an installed capacity of 7.5 MW.
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