IPO share of Shiva Shree Hydropower can be applied upto 18 Magh 2075. The issue is open for locals from 27 Poush 2075. As per previous schedule the issue was to close on 11 Magh 2075 but the company extended 7 days to facilitate locals. Now the issue will be closed on 18 Magh 2075.
The company is issuing 14,76,400 units of shares as initial public offering (IPO) for the locals of Sindhupalchowk district. After the issuance to locals, the company will issue 22,14,600 units for General public.
This IPO is open only for resident of Bhotekoshi rural municipality, Bahrabise rural municipality, Tripura Rural municipality and Sunkoshi Rural municipality of Sindhupalchok.
Interested locals can apply for minimum 50 units & maximum 7,380 units from Sindhu Bikas bank, Barhabise & khandi chaour branch, Nepal banglaesh Bank Bahrabise branch, Civil Bank, Bahrabise, NIC Aisa bank, Bahrabise, Himalayan bank,, bahrabise branch and Shiva Shree Hydrpower, Sindhupalchok.
Siddhartha Capital Limited has been appointed as issue manager.
Currently, its paid up capital is Rs.1.107 arba. After IPO issuance for locals & public paid up capital will reach to Rs.1.48 arba.
