Kutheli Bukhari Small Hydropower

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Kutheli Bukhari Small Hydropower’s IPO proposal has been approved by SEBON, the Securities Exchange Board of Nepal.

The company is now gearing up to issue an IPO worth Rs 2.43 Crore very soon. This is an exciting opportunity for investors to be part of this venture.

Detail of Kutheli Bukhari Small Hydropower Ltd IPO

On Jestha 02, 2080, SEBON gave the green light for Kutheli Bukhari Small Hydropower Limited to proceed with its IPO issuance. The company plans to release 243,675 equity shares, each with a par value of NPR 100. With an issue amount of Rs. 2.43 Crore, this represents 20% of the company’s total issued capital. Post-allotment, the company’s paid-up capital will amount to Rs 12.18 Crores.

To ensure a smooth IPO process, NMB Capital Limited has been appointed as the issue manager

About the Kutheli Bukhari Small Hydropower Ltd

Let’s delve into the background of Kutheli Bukhari Small Hydropower Ltd. Originally incorporated as a private limited company on August 11, 2011, it transformed into a public limited company on January 28, 2015, to enable public participation. Kutheli Bukhari Small Hydropower Ltd. is a private company focused on developing hydropower projects.

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The Suspa Bukhari Small Hydropower Project (998 KW) is developed and operational in Dolakha district, Bagmati Province, Nepal. This run-of-the-river (R-o-R) project, with a 40% probability of exceedance (Q40), commenced commercial operation on September 20, 2015. It was developed at a total cost of approximately NPR 248 million.

They have a vision and mission to ensure sustainable access to energy for people.

Contact information: Phone: +977-9851313620, Email: kuthelihydropower@gmail.com.

 

 


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