Kathmandu. Bikas Hydropower Company limited has issued a general share IPO for the general public.

The company has issued 49 percent of the issued capital of Rs 909 million i.e. 44 lakh 54 thousand 596 units of shares worth Rs 445 million 59 thousand 600.

The company has issued 909,101 units of ordinary shares to project-affected locals and 354,550 units to Nepalis in foreign employment.

The company has issued 70,910 units of ordinary shares to the employees of the company, 177,275 units to the mutual fund and the remaining 2,942,760 units to the general public.

The IPO can be applied till July 30. If all the shares are not sold during this period, then the application can be made till July 30.

Applications can be made for a minimum of 10,000 to a maximum of 10,000 units. In the IPO, banks and financial institutions with C Ashwa members from the Securities Board and my shares can apply.