Bikash Hydropower Announces IPO Refunds for Unallotted Shares
Bikash Hydropower has completed IPO allotment and will refund unallocated share payments starting August 1 through Prabhu Capital.
Kathmandu, July 15, 2025 — Bikash Hydropower Company Ltd. has successfully completed the allotment of its public offering and announced the commencement of refunds for unallocated shares starting August 1, 2025 (Shrawan 16, 2082).
The company had issued 1,089,300 shares at a face value of Rs. 100 per share to the public. Of the total, 217,800 shares were allocated to residents of project-affected areas in Gorkha District (Dharche Gaunpalika Wards 5 and 6) and Manang District (Nashong Gaunpalika Wards 1, 2, 3, and 4). An additional 54,465 shares (5%) were reserved for mutual fund schemes.
The remaining 817,035 shares were issued to the general public, including a portion allocated to Nepalis working abroad with valid labor approval.
According to the allotment manager Prabhu Capital Ltd., the refund process for applicants who did not receive full or any allotment will begin from Shrawan 16. Investors can check their IPO result and refund status through the CDSC’s Mero Share portal and the issue manager’s official websites.
The allotment process was carried out electronically under the oversight of relevant regulatory authorities, ensuring full transparency. Prabhu Capital thanked all applicants and stakeholders for their participation in the offering.