Panchthar Power Company Limited got final approval to issue IPO worth Rs.19.25 crore for general public & locals of projected affected areas of Panchthar.
The company will be issuing 1925000 units of share for locals & general public.
In the first phase the company will issue 962,500 units of share to locals at the rate of Rs.100.
After the IPO issuance to locals, the company will issue 962,500 units of share for general public.
Sanima Capital Limited has been appointed as issue manger.
Currently, its paid up capital is Rs.77 crore.
It is developing 14.9 MW Hewa Khola A hydropower project.
