IPO for General Public: Bhujung Hydropower Limited Opens 8,30,000 Units IPO
Bhujung Hydropower Limited has officially opened its Initial Public Offering (IPO) for the general public from 12th Magh, 2082 (January 26, 2026). This IPO offers investors an opportunity to participate in a mid-sized hydropower project based in Lamjung district, Nepal. Below is a complete, exam-oriented, investor-friendly, and WordPress-ready breakdown covering every important aspect of the issue.
Overview of Bhujung Hydropower IPO
Bhujung Hydropower Limited is issuing 8,30,000 units of ordinary shares to the general public at a par value of Rs. 100 per share.
The IPO will close early on 15th Magh, 2082, and if not fully subscribed, the closing date will be extended up to 26th Magh, 2082.
Key IPO Details at a Glance
| Particulars | Details |
|---|---|
| Company Name | Bhujung Hydropower Limited |
| IPO Opening Date | 12th Magh, 2082 |
| Early Closing Date | 15th Magh, 2082 |
| Extended Closing Date | 26th Magh, 2082 |
| Issue Price | Rs. 100 per share |
| Total Units Issued to Public | 20,00,000 units |
| Units Issued to General Public | 8,30,000 units |
| Issue Manager | Kumari Capital Limited |
| Minimum Application | 10 units |
| Maximum Application | 50,000 units |
Capital Structure of Bhujung Hydropower Limited
The total issued capital of Bhujung Hydropower Limited stands at Rs. 1 Arba. The company has allocated its shares in a phased and regulated manner as per SEBON guidelines.
Share Allocation Breakdown
| Category | Units | Percentage |
|---|---|---|
| Project-Affected Locals | 10,00,000 | 10% |
| Nepalese Working Abroad | 1,00,000 | 5% (of public issue) |
| Mutual Funds | 50,000 | 5% |
| Employees | 20,000 | 2% |
| General Public | 8,30,000 | Remaining |
IPO Application Process
Investors can apply for the IPO through the C-ASBA system using any ASBA-enabled bank or financial institution.
Steps to Apply for Bhujung Hydropower IPO
- Log in to your bank’s mobile banking or MeroShare portal
- Select Bhujung Hydropower Limited IPO
- Enter quantity (minimum 10 units)
- Confirm application and submit
Credit Rating and Risk Assessment
ICRA Nepal Limited has downgraded the company’s issuer rating from [ICRANP-IR] B+ to [ICRANP-IR] B-.
What Does ICRANP-IR B- Mean?
- Indicates high credit risk
- Suggests a weaker capacity to meet financial obligations on time
- Investors should approach with moderate to high risk awareness
This rating does not predict IPO allotment but reflects the company’s overall financial strength and project risk.
Company Profile: Bhujung Hydropower Limited
Bhujung Hydropower Limited was established in 2015 as a hydropower development company in Nepal.
Key Company Information
| Particular | Details |
|---|---|
| Established Year | 2015 |
| Project Name | Upper Midim Hydropower Project |
| Project Type | Run-of-River |
| Licensed Capacity | 7.5 MW |
| Project Location | Kwhlosothar Rural Municipality, Lamjung |
| Head Office | Old Baneshwor, Kathmandu |
About Upper Midim Hydropower Project
The Upper Midim Hydropower Project is a run-of-river hydropower project, meaning it relies on natural river flow without large-scale water storage. Such projects generally have lower environmental impact but are sensitive to seasonal water flow.
Issue Manager: Kumari Capital Limited
Kumari Capital Limited has been appointed as the issue manager for this IPO. The firm is a licensed merchant banker in Nepal with experience in IPO management, underwriting, and capital market services.
Who Should Consider Investing in This IPO?
This IPO may be suitable for:
- Investors looking to diversify into hydropower
- Long-term investors aware of project execution risks
- Retail investors comfortable with B-rated companies
It may not be ideal for investors seeking low-risk or short-term speculative gains.
Important Dates to Remember
| Event | Date |
|---|---|
| IPO Opening | 12th Magh, 2082 |
| Early Closing | 15th Magh, 2082 |
| Final Closing (if extended) | 26th Magh, 2082 |
Frequently Asked Questions (FAQs)
What is the IPO price of Bhujung Hydropower Limited?
The IPO price is Rs. 100 per share.
How many units can I apply for?
You can apply for a minimum of 10 units and a maximum of 50,000 units.
Who is the issue manager?
The issue manager is Kumari Capital Limited.
What is the credit rating of the company?
The company has an ICRANP-IR B- rating, indicating higher risk.
Where is the hydropower project located?
The project is located in Lamjung district, Nepal.
Is this IPO for short-term profit?
This IPO is more suitable for long-term holding, not guaranteed short-term gains.
Final Words
Bhujung Hydropower Limited’s IPO offers access to Nepal’s growing hydropower sector but comes with notable financial and project risks, as reflected by its credit rating. Investors should carefully evaluate their risk tolerance, investment horizon, and portfolio diversification strategy before applying.
This IPO is a classic case of high-risk, potential long-term reward, rooted in Nepal’s traditional hydropower development path while facing modern capital market scrutiny.