Application open for IPO of Balefi Hydropower

Balefi Hydropower Limited has launched IPO for the public in the second phase from today.

The company has issued an IPO worth Rs 182.79 million, which is 10 percent of the issued capital of Rs 1.82 billion. Accordingly, the company has issued a total of 18 lakh 27 thousand 970 IPO lots at 100 face value.

The issuance of this IPO will be closed on April 6. If the application is not received as per the demand within this period, it will be possible to apply for IPO by April 12.