Panchakanya Mai Hydropower Limited to issue initial public offering (IPO) to general public from 25 Shrawan 2075. IPO will be open till 04 Shrwan 2075.
It will be issuing 11 lakh units of shares at the face value of Rs. 100.
The company had allocated 4% or 44,000 units for employees & 5% or 55,000 units for mutual fund and remaining 10,01.000 for general public.
Interested applicants can apply minimum 50 units & maximum 5,500 units.
The issue manager is Sunrise capital limited. Interested applicants can apply from all the C-ASBA approved BFIs.
It had already issued10% or 11 lakh units to local of project affected areas.
After IPO its paid up capital will reach to Rs.1.10 arba.
It has developed 9.98MW electiricty from Mabu Maimjhuwa & Sulubung VDC of Illam distirct. Now the capacity of project is increased to 12 MW.
