Madhya Bhotekoshi Jalvidyut Company Limited is opening an IPO of 90,00,000 units worth NRs 90 Crore for the local and general public from 20 Ashoj 2078 to 24 Ashoj 2078. It is issuing ordinary shares of Rs 1.5 Arba (local+public) which have a face value of Rs 100 per share.
|For local people||60,00,000 shares||5 Shrawan 2078 to 19 Shrawan|
|For general public||90,00,000 shares||20 Ashoj 2078 to 24 Ashoj 2078|
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 from 20 Ashoj 2078 to 24 Ashoj 2078.
The general public can apply for this IPO From Mero share:
- 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.
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.
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.
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.