IPO of Himal Dolakha Hydropower can be applied upto 24 Shrawan 2076. The early closing date was 29 Ashad 2076, but investors have showed less interest on this issue. As deadline increased to 24 Sharwan 2076. Only 24% or issue is subscribed till now.
It is issuing 76,72,210 units (including 14,72,210 units unsubscribed by locals) IPO shares to general public at the rate of Rs.100 from 25 Ashad 2076.
Out of total issue, company has reserved 153,444 units for its employees, 25,000 units for mutual funds and remaining 74,93,766 units for general public.
How to apply for IPO? What is primary Market ?
Interested applicants can apply for minimum 10 units and maximum 1 lakh units through C-ASBA approved banks & financial institutions
Global IME Capital Limited has been appointed as issue manager for issue.
Paid up capital will reach to Rs.1.60 arba after IPO issuance.
It had completed 4.5 MW Mai Khola Small Hydropower project In Godak VDC & nearly completed 8 MW Mai samall Cascade Hydropower project in Illam. Caring Rating Nepal has assigned grading “CARE-NP IPO Grade 4” for IPO.
