In this page, you will get to know how to check the IPO result of Buddha Bhumi

Buddha Bhumi Nepal Hydropower IPO issue had opened on Ashoj 11.

IPO Details

Result DateAshoj 22
Total No of Shares8,00,000 Units
For Employee16,000 Units
For Mutual Fund40,000 Units
For General Public744,000 Units
No of Applicants21,42,000
No of the applied units2,69,20,120 Units
StatusOversubscribed by 36.18 times
Issue Manager Civil Capital

How to Check IPO result ?

You can check IPO result in 3 ways :

  • Meroshare site
  • Capital website
  • Company website

Here are the links of the sites from where you can check IPO result of Buddha Bhumi :

Civil Capital
Buddha Bhumi

Points to be noted :

  1. Allotment will be done at 10:00 A.M. It may take 2-4 hours to come result in site.
  2. When result is published, website may not load due to heavy traffic. So, wait for the result to come in meroshare site to check the result without any interruption.

Also read : Madhya Bhotekoshi IPO

The company has 40,00,000 registered shares of which 12,00,000 shares will be issued to the public (Locals and General Public). This is 30% of the company’s paid-up capital. 

After the IPO is issued in two phases, first to locals (4,00,000 units already issued) and then to the general public, the promoter: public shareholding ratio of the company will be 70:30, and paid-up capital will be Rs 40 crore.

ICRA Nepal Limited has assigned an [ICRANP] IPO Grade 4+ (Pronounced as ICRA NP IPO Grade Four Plus) to the Rs.12 crore IPO of Buddha Bhumi Nepal Hydro Power Company Limited. Instruments with this grading are considered to have below-average fundamentals.

The company is developing a 4.993-MW Lower Tadi Khola hydropower project in Nuwakot District, Province 3 of Nepal.