Green Life hydropower Limited to float IPO worth Rs.34.96 crore for public

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initial public offering

Green life hydropower Limited to issue IPO worht Rs.34.96 crore for general public. It has applied for approval from SEBON on  09 Baishak 2076. It has been added in IPO pipeline of Sebon.

The hydropower company will be issuing 34,96,400 units of shares at the rate of Rs.100. It has already issued 18 lakh units IPO for locals of Dolakha district. Out of total issue 16.96 lakh units unsubscribed by locals.

B.O.K. Capital  Market limited has been appointed as issue manager.

Currently, its paid up capital is Rs.1.44 arba. After issuance of IPO, paid up capital will reach to Rs.1.80 arba.

It has been operating Khani Khola 1 Hydropower Project in Marbu VDC of Dolakha District.