A new investment opportunity is on the horizon in Nepal’s vibrant hydropower sector. Beni Hydropower Project Limited has announced its Initial Public Offering (IPO), focusing initially on specific groups before potentially opening to the general public.
This IPO is a chance for eligible investors to become shareholders in a growing energy company. Here is a breakdown of all the key details you need to know about the upcoming Beni Hydropower IPO.
Beni Hydropower IPO General Information
- Company Name: Beni Hydropower Project Limited
- Sector: Hydropower
- Project Capacity: 19.8 MW
- Issue Manager: NMB Capital Ltd.
- Issue Date: Chaitra 1 (Nepali Calendar)
Offering Details
The IPO is specifically being issued for Locals (LS) and Foreign Employment (FE):
| Category | Units Offered |
| IPO Units (Locals) | 10,40,000 Units |
| IPO Units (Foreign Employment) | 1,04,000 Units |
Beni Hydropower IPO Dates & Eligibility
The company has set the issue opening date for Chaitra 1 (as per the Nepali calendar). At this stage, the IPO is specifically targeted towards two key groups:
- Locals: Residents of the project-affected areas.
- Nepali Citizens in Foreign Employment: Those who have obtained a labor permit and are currently working abroad, contributing to Nepal’s remittance economy.
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