Butwal Power Company Limited (BPCL) will issue 40,81,000 unit shares of Further Public Offering (FPO) from Magh 15, 2074 which worth Rs 2.04 arba. The FPO will be issue at Rs 501 per unit. (Rs 401 premium added to the par value).
Interest people can apply minimum 10 units & maximum 20,400 units of shares from Magh 15, 2074 to Magh 19, 2074. The maximum closing date for this FPO is Falgun 15, 2074.
The issue manager of FPO is NMB Capital limited.
Interested applicants can submit their application from NMB capital, Laxmi capital, Butwal power company and all ASBA-approved banks & financial institutions (BFIs) around the country.
Its capital will reach to Rs 2.21arba after FPO.
Butwal Power plans to use the amount collected from the FPO to develop 37.6 MW Kabeli-A Hydropower Project and 30 MW Ngadi Hydropower project.
It had earned net profit of Rs 7.22 crore in the first quarter of the FY 2074/75.
Its last trading price stood at Rs 665 as of last trading day
