Kalika Power Company to issue 12 lakh unit IPO Share for general public from 28 Bhadra 2075. The issue will be open till 01 Aswin 2075.
The hydropower company will issue 12,00,000 units of shares at the rate of Rs.100.
It has allocated 24,000 units for its employees, 60,000 units for mutual funds & rest for general public.
Interested applicants can apply minimum 50 units & maximum 6000 units.
Kathmandu Capital & Global IME capital has been appointed as issue manager for IPO.
Applicants can apply for IPO from C-ASBA approved Banks & financial institutions.
It had floated 6 lakh units to locals of projected affected in Magh 2074.
It has constructed 6 MW Daraudi A project in Gorkha districts. The amount collected from the IPO will be paid for creditor, vendors, floated loans.
Paid up capital will be reach to Rs.78 crore after IPO issuance.ICRA Nepal has assigned grade 4 rating for the IPO.
