Sunday, August 1, 2021

Madhya Bhotekoshi IPO For Public 2021 (2078)

Madhya Bhotekoshi Jalvidyut Company Limited is a hydropower company in Nepal. It has an open total of about 1,50,00,000 units (1.5 crores) as an initial public offering (IPO) for the local and general public. It is issuing ordinary shares of Rs 1.5 arba which have a face value of Rs 100 per share.

The local public is a group of people living and permanent residence in the project affected areas and the general public is the group of people who is not the permanent residence of the project affected area.

IPO Units Date
For local people 60,00,000 5 Shrawan 2078
For general public 90,00,000 after local people

Since this IPO has more units for both the local and the general public, you can slightly increase your investment up to 20 units.

But now the subscribers are more enough grown in the market, it is always better to apply for 10 units.

Madhya Bhotekoshi Jalvidyut IPO is open to the general public

In 2nd phase, it is open to the general public. After the result of 1st phase is published, the IPO will be issued to the general public. It might be after a week most probably 12 Shrawan 2078.

IPO is suspended due to Lockdown

IPO Open From : 2078-01-21 BS (2021-05-04 AD)
IPO Close Date : 2078-02-04 BS(2021-05-18 AD)
(If fully not subscribed then extended to 2078-02-20 BS (2021-06-03 AD)

IPO is now open after Lockdown

IPO Open From 5 Shrawan 2078 BS
IPO Close Date : 17 Shrawan 2078 BS
(If fully not subscribed then extended to 02 Bhadra 2078 BS)

The general public can apply this IPO From e-Sewa:

  • Log into Mero share using your credentials.
  • From the menu on the left, go to My ASBA –>Current Issue.
  • Click Apply on Madhya Bhotekoshi IPO.
  • Fill up Applied Quantity.
  • Enter your CRN number accurately.
  • Click on Apply.

Where can I apply for this IPO?

The best method is using a Mero share account online. You can apply using the bank branches. Applicants can apply for this IPO from Global IME Bank, Laxmi Bank, Mega Bank, NCC Bank, Nepal Investment Bank, Civil Bank, Prabhu Bank, Nepal Bangladesh Bank, Kumari Bank, Bank of Kathmandu, NIC Asia Bank and Sindhu Vikas Bank’s

About IPO Company 

Madhya Bhotekoshi Jalavidyut Company Limited (MBJCL) is a subsidiary company of Chilime Hydropower Company Limited, registered as a public company in July 2010.

MBJCL has planned to develop the Madhya Bhotekoshi Hydroelectric Project (MBKHEP) with an installed capacity of 102 MW in the Sindhupalchowk district of the Central Development Region.

A tri-partite loan agreement has been signed between EPF, Chilime, and MBJCL for the debt portion. The equity investment will be made through 51% promoter share and 49% public share. Chilime is a leading company with a 37% share investment.

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