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 Date | Poush 03 (Sunday) |
|---|---|
| Total No of Shares | 5,54,000 Units |
| For Employee | 11,080 units |
| For Mutual Fund | 27,000 Units |
| For General Public | 5,15,920 Units |
| No of Applicants | 12,16,153 |
| No of the applied units | 1,38,71,220Units |
| Status | Oversubscribed by 26.92 Times |
| Sector | Hydropower |
| Issue Manager | NIBL 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:
| List | Links |
|---|---|
| Meroshare | https://iporesult.cdsc.com.np/ |
| NIBL Ace Capital | https://result.niblcapital.com/#/ipo-result |
| Barahi Hydropower | https://barahihydropower.com.np/ |
Points to be noted :
- Allotment will be done at 10:00 A.M. It may take 2-4 hours to come result in site.
- 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
