. Bhujung Hydropower Limited is issuing initial public offering (IPO) to the general public from today.

The company has already issued shares to the locals of the project-affected area and the Nepalis who are working abroad.

The company is issuing 20 percent of the issued capital i.e. 20 million units of shares worth Rs 200 million. Out of the total offered shares, 10 Lakh units have been set aside for the locals of the project affected areas and 1 Lakh units have been set aside for the general public.

Similarly, the company has set aside 20,000 units for the employees and 50,000 units for mutual funds. The company is issuing 8,30,000 units of shares worth Rs 8.30 crore to the general public.

Applications can be place for minimum 10 units and maximum 50,000 units. The last date to apply for the IPO is January 15. If the application is not received as per the demand within this period, the application can be submitted till February 26.

Kumari Capital has been appointed as the issue manager for the IPO issuance. Investors can apply for the shares from the Securities Board of India (SEBON) through banks and financial institutions that are members of the Securities Board of India (SEBON).