Bungal Hydro Limited (BUNGAL) IPO for General Public
Bungal Hydro Limited (BUNGAL), a hydro power company, is set to launch its Initial Public Offering (IPO) for the general public. This IPO offers an opportunity for investors to own a part of the growing hydroelectric sector in Nepal.
Key Details of the IPO:
- Company Name: Bungal Hydro Limited
- Stock Symbol: BUNGAL
- Sector: Hydro Power
- Type: IPO for General Public
Issue Details:
- Total Units Offered: 17,01,500 (17 Lakh units)
- Price per Unit: NPR 100
- Total Issue Amount: NPR 17,01,50,000
- Issue Manager: Himalayan Capital Limited
Timeline:
- Opening Date: 01 September 2025 (Monday)
- Closing Date: 04 September 2025 (Thursday)
- Extended Closing Date: 15 September 2025
How to Apply:
Interested applicants can apply for the Bungal IPO through:
- Meroshare portal – an online platform for IPO applications in Nepal.
- Direct application at the Himalayan Capital Limited office, the issue manager of this IPO.
Subscription and Allocation:
- Current Subscription Rate: 0.00% (as the issue is yet to open)
- Allocation Probability: 0.00%
- Application Statistics: No statistics available yet as the IPO has not started.
Investors are advised to carefully review the IPO documents and consider their investment strategy before applying. This IPO provides an opportunity to invest in the hydro power sector, which is a growing segment in Nepal’s energy industry.