Kathmandu. Balefi Hydropower has opened the sale of 1.8 million shares. The company has opened the sale of 1,798,656 units of unallocated right shares from today (Falgun 5).
From Mangsir 27 to Poush 17, the company had opened the sale of right shares at a ratio of 100 percent of the paid-up capital of Rs 1,827,970,000, i.e. 1 unit of share equals 1 new unit.
That is, the company had issued 18,279,700 units of right shares at a face value of Rs 100 per share.
During the said period, 676,191 units of the founder group that were not sold, 508,000 units of the general group that were locked in A total of 1,798,656 units of unallocated right shares, including 613,573 units that are not locked in to the general public, have been sold. The company’s shares will be open for sale until Falgun 19. The company’s share price has been set at Rs 100 per share.
The company’s share issuance and sale manager is NIMB S Capital. The company has stated that investors can apply from the sale manager NIMB S Capital Lazimpat Kathmandu, Chipledhunga Pokhara, Butwal, Birgunj and Biratnagar branches.
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