By Karuna Thapa
Kathmandu, April 12
Balefi Hydropower Limited has completed its first public offering (IPO). 1,66,342 persons
received 10 lots of shares and 3 people received 11 lots of shares out of the 15 times more
applications. 3,640 persons were rejected from the 2,171,740 people who applied for the
244,710 lots.
The business is currently building a 36 MW Balefi Hydropower Project on the Balefi River in
Sindhupalchowk’s Jugal village. The project’s overall anticipated cost is Rs 7.65 billion, according to the company.
The IPO results may be seen on the company’s website, as well as the websites of the sales manager Global IME Capital and Balefi Hydropower Limited Company Limited. The findings may also be found in Mero share’s application report.
