Last day to apply for IPO of Madhya Bhotekoshi

Oct 11, 2021 08:27 AM Merolagani

Today is the last day to apply for the initial public offering worth Rs 900 million (IPO) of Madhya Bhotekoshi Jalvidhyut Company. 


The company started issuing 9 million units of primary shares at a face value of Rs 100 from October 6. 

Out of the total offered shares, the company has allocated 360,000 units to employees and 450,000 to mutual funds.

The general public can apply for the remaining 8,190,000 units of shares.

The interested investors can apply for a minimum of 10 and maximum of 10,000 units of shares.

Care ratings has assigned BB rating to the issue indicating moderate risk.

The company has appointed Global IME Capital as its issue manager and NIBL Ace Capital, Prabhu Capital, Laxmi Capital Market, Civil Capital Market, Sanima Capital and CBIL Capital as its sub-issue manager.

The interested investors can apply from C-ASBA approved BFIs and meroshare software.


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