Upper Tamakoshi hydropower’s IPO is issuing from today; 16 Shrawan 2075. It will be opened till 14 Bhadra 2075.
In the first phase the hydropower company will be issuing 10% or 105,90,000 units for local people of projected affected areas of Dolakha. IPO is issuing at the rate of Rs.100.
Interested applicants can apply minimum 30 units to maximum 300 units.
Citizen Investment Trust & Sunrise Capital limited have been appointed as issue manager for IPO.
The locals are classified into 3 categories A, B & C. The locals of A category should fill up the green application, B category should fill up the blue forms, C category should fill up the Black forms.
Local people need to apply by filling up forms. Forms can be get from Citizen investment trust, Sunrise Capital, Upper tamakoshi hydropower- Charikot, Agriculture development- Charikot, Century bank- Charikot, Citizen bank- Charikot, Laxmi bank- Charikot, Mega bank- Charikot, Nabil bank- Charikot, Nepal investment bank- Charikot, Prabhu Bank,- Charikot, Prime bank- Charikot, Rastirya Banijya bank- Charikot, Siddhartha bank – Charikot branch of Dolakha district.
Inside Kathmandu valley Sunrise capital, kamalpokhari, Sunrise Bank Limited, Newroad, Bhaktapur, Kalimati, Gabahal, Chabahil, Gothatar, Tinkune, Sankhamul, Baudha and Kalanki.
In the Second phase the hydropower company will issuing 15% or 1,58,85,000 units to general public after the allotment of first phase. Interested applicants can apply minimum 50 units to 1000 units. The general public can apply from C-ASBA approved BFIs.
Paid up capital will reach to Rs. 10.59 arba after IPO issuance.
