IPO of Bhagwati Hydropower coming

 

Kathmandu, January 4

Bhagwati Hydropower Development Company is going to issue ordinary shares (IPO) to the
public. The company has even started the process of issuing IPO.

The company has appointed Siddhartha Capital as the manager of public issue and sale of
ordinary shares.

The company is going to issue 1,430,162 ordinary shares at the face value of Rs 100 per share to the public.

The agreement was signed by Hari Prasad Pandey, executive chairman of the company and
Chandan Karki of Siddhartha Capital.

By Karuna Thapa

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