SEBON approves the IPO worth Rs.2.64 arba of Upper Tamakoshi Hydropower today on 23 Jestha 2075.
Sebon grant permission to issue the IPO for local people of project affected areas & general public. IPO size is 25% of paid of capital.
The hydropower company will issue 10% or 105,90,000 units for local people & 15% or 1,58,85,000 units to general public. The company will issue IPO soon. IPO will be issuing at Rs. 100 per share.
Citizen Investment Trust & Sunrise Capital have been appointed as issue manager for IPO.
In the first phase IPO share will be issue for local people of Dolkha district & in the second phase IPO will be issue for general public.
