Mountain Hydro Nepal Limited to float IPO shares to general public. SEBON has granted approval to issue IPO shares to public on 01 Falgun 2075.
The company will be issuing 1,816,110 units of share at the rate of Rs.100. The IPO size includes 5,66,110 units of shares unsubscribed by locals of Panchthar District.
Siddhartha Capital Limited has been appointed as issue manager.
Paid up capital will reach to Rs.1.125 arba after the IPO issuance. It is developing 21.6 MW Lowar Hewa Khola Hydropower Project located in Panchthar District.
