Bhujung Hydropower IPO allotment | Check IPO Result

Bhujung Hydropower Limited’s IPO has been announced. The IPO was distributed at the office of Kumari Capital, the company’s share issuance and sales manager, this morning. The company had issued 830,000 shares at a listed price of Rs 100 per share for general investors from January 12 to 15 last year. A total of 2.579 million people applied for a total of 28.441 million shares, Capital said. Out of these, 2.539 million applications were approved while 40,280 were cancelled.

The company’s IPO has been distributed through a roundabout process due to more applications than demand. Accordingly, a total of 83,000 applicants have received company shares at the rate of 10 shares. The IPO results will be available at https://iporesult.cdsc.com.np/ after a while.

How to check IPO result of Bhujung Hydropower

We can check IPO result at the official site of CDSC.