Sunday, August 1, 2021

Mailung Khola Hydropower Company Limited IPO 2021 (2078)

Malung Khola Hydropower Company Limited is going to issue IPO to the public on 30 July 2021. The company is about to issue an IPO worth Rs 73.62 million. Accordingly, the company will issue 7,36,286 ordinary shares with a face value of Rs 100 per share.

IPO Units Date
Malung Khola Hydropower  7,36,286 14 Shrawan 2078 to 18 Shrawan 2078

Total Shares of Mailung Khola Hydropower Company Limited IPO

Out of the total shares to be issued, 2% or 14,726 shares have been issued to the employees and 5% or 36,814 shares have been issued to the collective investment fund. The general public will be able to apply for the remaining 6,84,746 units.

When to apply Mailung Khola Hydropower Company Limited IPO?

The general public will be able to apply for the shares till 30 July 2021. If the full application is not received within that period, the application can be submitted till 11 July 2021. You will have to apply for a minimum of 10 units of shares and a maximum of 1,00,000 units of shares.

Rating of Mailung Khola Hydropower Company Limited IPO

Care Rating Nepal [ICRA-NP] has given Care NP De Issuer rating to the company in the rating given for the IPO issue. This indicates that the company has not fulfilled its financial obligations or cannot fulfil them quickly.

Issue manager of Mailung Khola Hydropower Company Limited IPO

The issue and sale manager of the company is Siddhartha Capital Limited. The general public can apply from all CASBA member banks and financial institutions and their branch offices approved by the SEBON.

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