Buddhabhumi Hydropower General Public IPO Result Date 2078/2021

Buddhabhumi Nepal Hydropower is issuing an IPO for both local people and general people. Firstly, It is opening to local residence of Nuwakot from 2078 Shrawan 32 to Bhadra 14.

Secondly, It will be opened to all other general people. Those people who have opened their Demat and MeroShare accounts can apply for this IP0.

As IPO is opening in two phases, local people should apply in 1st phase. Similarly, in the 2nd phase, all other people who meet the criteria for applying for IPO can apply for it.

Buddha Bhumi Nepal Hydropower IPO public shareholding ratio will be 70:30. Likewise, its paid-up capital will be Rs 40 crore.

Buddhabhumi Hydropower General Public IPO Result Date

IPO of Buddhabhumi Hydropower is conducted and successfully it is closed on the 14 Bhadra of 2078. Now the issue manager of this IPO is concluding to open results through the lottery system.

Due to the extreme subscription from the investors, it is opening IPO allotment results on the basis of a lottery system like other IPOs in Nepal.

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Buddha Bhumi Hydropower IPO Result Date Check Here

Buddhabhumi ipo result date

Budhhabhumi ipo result date is announced as 22 Ashwin . Likewise, it’s result can be viewed from website of issue manager as well as from company website.

Buddhabhumi Nepal Hydropower Location

This company is located in the Nuwakot district. Most importantly, this is established with the help of educated and well-skilled teams including local, businessmen, and other experienced manpower.

As a result, a well-managed hydropower company is developed.

Buddhabhumi Hydropower IPO (For Locals of Nuwakot District)

During, 1st phase as IPO is opened for local people of Nuwakot District @ Rs 100. Its opening date is 32 Shrawan 2078 and the closing date is 14 Bhadra 2078.

It is issuing an IPO of a total number of units equals to 4,00,000 units for local people.  Civil Capital Market Limited has been appointed as an Issue manager for the IPO of this company IPO.

The maximum number of units one can apply is 1000 units. However, a suitable unit to apply is 10

S.N Buddha Bhumi Nepal HydroPower IPO Details
1 Company Sector Hydropower
2 Issue Manager Civil Capital Market Limited
3 Open IPO Date 32 Shrawan 2078
4 Close IPO Date 14 Bhadra 2078
6 No of Units  12,00,000 units
7 Suitable to Apply (Locals) 100 Units
8 For general public 8,00,000 units
9 Locals 4,00,000 units
10 Price per Unit Rs 100
11 Suitable to Apply (General Public) 10 Units
12 Rating by ICRANP Grade 4+
13 Maximum units apply (Kitta) 1000 units

Don’t Miss:How to open Demat Account Online in Nepal ?

Buddha Bhumi Nepal Hydropower IPO (For General Public )

After, 1st phase IPO is opened for general people @ Rs 100. It is issuing an IPO of a total number of units equals 8,00,000 units for general people.

Civil Capital Market Limited Ltd has been appointed as an Issue manager for the IPO of this company IPO. The maximum number of units one can apply is 1000 units. However, a suitable unit to apply is 10

S.N Buddha Bhumi Nepal HydroPower IPO Details
1 Company Sector Hydropower
2 Issue Manager Civil Capital Market Limited
3 Open IPO Date 11 Ashoj 2078
4 Close IPO Date 14 Bhadra 2078
6 Total No of Units 12,00,000 units
7 Suitable to Apply (Locals) 100 Units
8 For general public 8,00,000 units
9 Locals 4,00,000
10 Price per Unit Rs 100
11 Suitable to Apply (General Public) 10 Units
12 Rating by ICRANP Grade 4+
13 Maximum units apply (Kitta) 1000 units

One can apply from any listed branch of Jyoti Bikash Bank, Prabhu Bank and Civil bank which have authority for IPO.

How to apply Buddha Bhumi IPO for locals?

You can either apply from the Offline or online method. If you want to apply offline you should consult and visit those branches of banks nearer to you.

However, if you wish to apply online you can simply apply it using eSewa. Online methods best suit for those who are far from those branches and have no time for visiting. In others words, this method is easy and time-saving.

Buddha Bhumi Nepal HydroPower IPOBuddha Bhumi Nepal HydroPower IPO

 Buddha Bhumi Nepal HydroPower IPO date

 

Steps for Applying IPO through eSewa

  • First login to eSewa and search “BuddhaBhumi “
  • Click  “BuddhaBhumi “
  • fill in all your details carefully
  • confirm your Details
  • At last, submit ur form

How to apply Buddha Bhumi IPO in general?

You can apply for this after it will be opened in the 2nd phase. Likewise for 1st phase, you can also apply by any method either online or offline.

If it is possible for you to apply for IPO by visiting the bank u can apply online. On the other hand, if not possible you can choose an offline method.

You can either apply through eSewa or Mero share app. Steps of applying by eSewa are similar as mentioned above to local.

However, if you are willing to apply through MeroShare here are the steps

Steps for Applying IPO through MeroShare

  1. Click My ASBA and goto “Apply for the issue”
  2. Select “BuddhaBhumi” then click to “Apply”
  3. Click proceed and fill in all your details carefully
  4. Now you must accept the “Terms and Condition”
  5.  At last, press “Apply”

Frequently Asked Questions(FAQ)

Where is Buddha Bhumi Nepal Hydropower located in Nepal?

It is located in Nuwakot.

How many share company is selling in 1st phase?

It is selling 4 lakh shares in the 1st phase.

What is Buddha Bhumi Nepal Hydropower ipo result date?

Buddha bhumi Nepal hydropower ipo result date is announced as October 8.

Also, read the upcoming IPO in Nepal

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