1,00,00,000 units IPO shares of Bindhyabasini Hydropower Development Company Limited (BHDCL) have been listed in NEPSE. This includes the shares held by promoters and the quantity issued to the general public and project-affected locals.
The opening range for the first transaction is Rs. 111.34 to Rs. 334.02. The IPO shares will trade in the secondary market the next day if the company signs the agreement with NEPSE.
Out of the offered 15,00,000 units; 4% of the total offered shares to the general public i.e. 60,000 units have been set aside for the employees of the company and 5% of the total offered shares to the general public i.e. 75,000 units have been set aside for the mutual funds. The remaining 13,65,000 units were issued to the general public from Jestha 20-25, 2079.