The company is issuing 20 percnet ordinary shares of its issued capital of Rs 1 billion. Accordingly, it will issue 2 million units of shares worth Rs 200 million to the ordinary shareholders.
Out of the total approved units, the company is issuing 1 million units of shares worth Rs 100 million to the locals of affected area. Out of total allocated units, the company will issue 60 percent i.e. 600,000 units to the resident of the most affected area of ward no 4, Kwhlosothar Rural Municipality, Lamjung District and remaining 40 percent to the residents of ward no 1,2,3,5,6,7,8, and 9 of same Municipality.
Moreover, the company will issue 10 percent of general public quota i.e. 100,000 units of shares worth Rs 10 million to the foreign migrated workers.
The interested investors can apply for a minimum of 10 and maximum of 50,000 units of shares. The issue will close early on January 1, 2026 and lately on January 16 for locals of affected area. In case of foreign migrated workers, the issue will close early on December 22 and lately on January 1.
ICRA Nepal has assigned B+ rating to the issuer indicating high risks.
The company has appointed Kumari Capital as issue manager. The locals of affected area can apply for the shares from Kwhlosothar Rural Municipality ward no 4 office as well as office of Kwhlosothar Rural Municipality. Moreover, they can apply from Besishahar branch office of Machhapuchchhre Bank, Prabhu Bank, Sanima Bank, Kumari Bank and registered office of Bhujung Hydropower, Samakhusi, Kathmandu.
The foreign migrated workers can apply from all C-ASBA approved BFIs and Meroshare.
