Madhya Bhotekoshi Hydropower Company Limited (Jalvidyut Company) open an initial public offering (IPO) for the local public. Madhya Bhotekoshi Jalvidyut IPO open for Project Affected Sindhupalchok District & Local People of Sindhupalchok. Madhya Bhotekoshi Jalvidyut IPO Share open details are given below.
Madhya Bhotekoshi Jalvidyut Hydropower IPO Share Details:
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)
Who Can Apply for this IPO
1. Bhotekoshi Gaupalika Ward No. 1 and 5 ( Listi & Marming VDC) &
Barhabise Municipality Ward Nos. 5, 6, 7 and 8 (formerly Gati, Ghumpang and Maneshwara VDCs) for 18 Lakhs Kitta
2. Sindhupalchwok Districts Other Local Level For 42 Lakhs Kitta IPO
Minimum Shares to Apply: 50 Kitta
Maximum Shares to Apply : 400 Kitta
Where to Fill up Form for IPO of Madhya Bhotekoshi Hydropower
Applicants can apply Share 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 Sindhupalchok branch office. Global IME Capital has acted as the sales manager.
About Madhya Bhotekoshi Jalvidyut Hydropower Company Limited
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 Middle 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 37% share.