Himalayan Hydropower appoints Janata Capitals to float IPO

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Initial public offering (IPO)

Himalayan Hydropower Limited to float initial public offering (IPO). It has appointed Janata Capital Limited as issue manager.

The company will be issuing 22.50 lakh units of shares at the rate of Rs.100. Out of total issue, the company will float 9 lakh units of shares for locals of projected affected areas.

Agreement was signed by Shivakrishna Shrestha, Director of Himalyan Hydropower and CEO of capital Mr. Bishwa Subedi.