Upcoming IPO: Bindhyabasini Hydropower Development Company Ltd.(BHDCL) Issuing 15,00,000 units IPO shares from Jestha 20 TO 25.

Bindhyabasini Hydropower Development Company Ltd. (BHDCL) will give 15,00,000 units IPO shares worth Rs. 15 crore to the overall population from 20 Jestha, 2079 25th jestha.Out of the offered 15,00,000 units; 4% of the complete offered offers to the overall population for example 60,000 units have been saved for the workers of the organization and 5% of the all out offered offers to the overall population for example 75,000 units have been saved for the common assets. The excess 13,65,000 units are for the overall population.

Sanima Capital Limited has been named as the issue administrator for the IPO issuance. Applications can be put for at least 10 units and a limit of 1,00,000 units.10% of the organization's given capital is now allocated to local people of task impacted region and presently this 15% is for the overall population.

CARE Ratings Nepal has relegated a twofold B in addition to guarantor rating [CARE-NP BB+ (Is)] to the organization. Organizations with this reviewing are considered to have a moderate gamble of default in regards to opportune overhauling of monetary commitments.

Bindhyabasini Hydropower Development Company Ltd. (BHDCL) is a Public Company, consolidated on December 18, 2000 as privately owned business and later on, changed over completely to public restricted organization in March 13, 2017. BHDCL has two functional run of the waterway hydropower project; 8.8 MW Rudi Khola-A Hydropower Project (Rudi A) and 6.6 MW Rudi Khola-B Hydropower Project (Rudi B). Rudi An is functional since Mid-March 2019 though Rudi B is functional since Mid-February 2020. The task is built under BOOT model (Build, Operate, Own and Transfer).