In this page, you will get to know how to check the IPO result of Barahi Hydropower Public Limited (BHPL). 

Barahi Hydropower IPO issue had opened on Mangsir 21.

IPO Details

Result DatePoush 03 (Sunday)
Total No of Shares5,54,000 Units
For Employee11,080 units
For Mutual Fund27,000 Units
For General Public5,15,920 Units
No of Applicants12,16,153
No of the applied units1,38,71,220Units
StatusOversubscribed by 26.92 Times
Issue ManagerNIBL Ace 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 Barahi Hydropower:

NIBL Ace Capital
Barahi Hydropower

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 :

About Company

Barahi incorporated in April 2006, as a private limited company, was later converted to a public limited company in March 2015, to facilitate public participation. The company is operating a 1.5-MW Theule Khola HEP, in Baglung district, Gandaki Province of Nepal since July 8, 2018; five years later than the required commercial operation date (RCOD) of May 10, 2013, at a cost of NPR 374 million funded in a debt-to-equity mix of ~52:48. The project is a run of the river (R-o-R) type and has been developed at 40% probability of exceedance (Q40).

ICRA Ratings

ICRA Nepal has assigned an issuer rating of [ICRANP-IR] B- (pronounced ICRA NP issuer rating B minus) to Barahi Hydropower Public Limited (BHPL/the company). Issuers with this rating are considered to have high risk of default regarding timely servicing of financial obligations.

Credit Strengths

  • Low tariff and offtake risk

Credit Challenges

  • Weak and fluctuating operational performance.
  • Weak return and coverage indicators.
  • Higher project cost leading to inferior financial profile.
  • Project evacuating through weak temporary arrangement.
  • High hydrology risk due to lack of deemed generation clause in the PPA. 

Financial Highlights