Dordi Khola Jalbidyut issuing IPO from today

Dordi Khola Jalbidyut ipo

Dordi Khola Jalbidyut Company Limited is issuing IPO (initial public offering) from today, 13 Baishakh 2079 for locals of projected affected areas. The issue is open for local residents of dordi rural municipality, Lumjung District. The issue will be closed on 27 Baishakh 2079.

Dordi Khola Jalbidyut is issuing 10,54,260 units of IPO share at the rate of Rs.100. Interested locals can apply for minimum 10 units and maximum 10 lakh units.

In the second phase, it will float 18% or 18,97,669 units for general public.

Application can be submitted from Siddhartha Bank, Besisahar, Lamjung, Global Ime Bank, seroabazar, dordi branch, Kamana Sewa Bikas Bank, besishar, Muktinath Bikas Bank, Besishar, NMB Bank, besisahar, Siddhartha Capital, Naxal, Kathmand and all Asba approved Banks and financial Institutions.

Siddhartha Capital Limited has been appointed as issue manager.

lCRA Nepal Ltd has assigned a double B minus issuer rating [ICRANP-IR] BB- to the company.

Paid up capital will reached to Rs.1.05 arba after IPO issue.