Himalayan Hydropower Limited IPO Date: Himalayan Hydropower Limited is opening an IPO for the general public from 15 Ashadh 2079 to 19 Ashadh 2079. The issue manager for this IPO is Global IME Capital Limited.
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Himalayan Hydropower Limited IPO Apply Date
The general public can apply from the meroshare.cdsc.com.np account. This is a new upcoming IPO in Nepal from Hydropower Sector.
Global IME Capital Limited has been appointed as an issue manager for this IPO. The total units that are issued for this IPO for the general public are only 6,18,250.
Himalayan Hydropower Limited IPO Date
The price per unit for this IPO is Rs 100. You can apply for only 10 units due to this reason of less amount of shares. The maximum amount of units that you can apply for this IPO is 1000.
|S.N||Himalayan Hydropower Limited IPO||Details|
|2||Issue Manager||Global IME Capital Limited|
|3||Open IPO Date||15 Ashadh 2079|
|4||Close IPO Date||19 Ashadh 2079|
|5||Total No of Units||19,68,250|
|6||Price per Unit||Rs 100|
|7||Suitable to Apply (General Public)||10 Units|
|8||Maximum units apply (Kitta)||1000 units|
Himalayan Hydropower Limited IPO News
Himalayan Hydropower Limited is going to open IPO and sell on July 30. The company is about to issue an IPO to the public.
The company has issued 900,000 shares with a face value of Rs 100 per share for the residents of the project-affected areas, of which only 281,750 shares have been distributed. Out of the total shares to be issued, 2 per cent or 39,365 shares have been reserved for the employees and 5 per cent or 98,413 shares have been distributed to the collective investment fund. The general public will be able to apply for the remaining 18 lakh 30 thousand 472 lots.
The eviction closure will be on July 3 at the earliest and on July 12 at the latest. Applications for the IPO can be submitted by all C-ASBA member banks and financial institutions and their branch offices are approved by the Nepal Securities Board. In addition, applications can also be submitted from the Merosshare app and website.
The issue and sale manager of the company is Global IME Capital Limited. Investors will have to apply for a minimum of 10 lots of shares and a maximum of 1,000 lots.
ICRA Nepal has given ICRNP IRB Plus rating to the company in the rating given for the IPO issue. This indicates a high risk in the company’s ability to bear responsibility.
This IPO is now open to the general people. Therefore, you can apply for this IPO from 15 Ashadh 2079 to 19 Ashadh 2079 from your meroshare account. You can also visit the banks for applying this IPO.