102 MW Madhya Bhotekoshi Hydro Power will be floating its 10% shares in IPO beginning from Baisakh 21, 2078 to the project affected locals of Sindhupalchowk and to the local residents of Sindhupalchok as a whole. The issue will be closed by Jestha 4 at the earliest while by Jestha 20, 2078 by the latest.
The project affected locals of Sindhupalchowk and other residents of the districts will need to apply for a minimum of 50 unit to maximum of 400 units, as per the media statement.
18 lakh unit shares have been set aside for the project affected locals while 42 lakh unit shares are set aside for the local residents of Sindhupalchowk. In addition, 3.60 lakh unit shares are set aside for employees of the company, 4.50 lakh unit shares for mutual funds and the remaining 81.90 lakh unit shares will be floated for the general investors.
Interested applicants will need to submit their application with the amount cheques and via CASBA and meroshare application (optional) from the stipulated location and within stipulated time, as per the media statement.