Green life Hydropower got approval to issue IPO worth Rs. 18 crore

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Initial public offering (IPO)

Green life Hydropower limited got final approval to issue initial public offering (IPO) for locals of projected affected areas. SEBON had granted approval on 17 Poush 2075.

The company will be issuing 10% or 18,00,000 units of IPO shares to locals of Dolakha District.

Kathmandu Capital Markets Limited has been appointed as issue manager for IPO.

It is developing 40MW Khanikhola-1 project at Dolakha District.

Currently, promoters are holding 80% or 1.44 arba ownership.