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Bungal Hydro gets ipo approval

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Kathmandu. Bungal Hydro Limited has received approval from the Securities Board of Nepal for the ipo. The board has given permission to the company to issue 2.9 million units of IPO.

The company is going to issue an IPO worth Rs 290.5 million to the project-affected locals and the general public. Himalayan Capital is the issue manager of the company.

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