Joshi Hydropower Development Company & Shubham Power Limited got approval for issuing initial public offering (IPO). Security of Board of Nepal (SEBON) granted permission to both company for issuing IPO for local people of project affect areas.
Joshi Hydropower will issue 3,71,400 units of IPO shares for local people. The issue is manages by Siddhartha Capital Limted.
Shubham Power will issue 2,00,000400 units of IPO shares for local people. The issue is manages by CBIL Capital Limited.
Both companies located at Sankhuwashaba District.
