Nyadi Hydropower Limited IPO For General Public is Open [2021/2078]

Nyadi Hydropower Limited IPO for the general Public is opening from 01 October 2021 (15 Ashoj 2078 ). It is issuing 22,00,050 (22 Lakhs and 50) units of general shares having a face value of NRs 100.

The general public can apply for the shares till September 30. You will have to apply for a minimum of 10 shares and a maximum of 50,000 shares.

IPO Shares Information

This company had already issued IPO for local residents and founding shareholders in the project-affected areas. The company had issued a total of 1.8 million ordinary shares with a face value of Rs 100 per share.

S.N Company IPO details Details
1 Company Sector Hydropower
2 Issue Manager Global IME Capital Limited
3 Open IPO Date 15 Ashoj 2078
4 Close IPO Date 19 Asshoj 2078
5 IPO Result Date  Check Here
6 No of Units 22,00,050 units
10 Price per Unit Rs 100
11 Suitable to Apply (General Public) 10 Units
12 Rating by ICRANP BB-
13 Maximum units apply (Kitta) 1000 units

Out of the total shares to be issued, 2 per cent or 45,000 shares have been allotted for employees and 5 per cent or 112,500 shares have been allotted for collective investment funds. The general public will be able to apply for the remaining 2 million 92 thousand 500 lots.

Read Also:

  1. Nyadi Hydropower Limited IPO Result Date, Check Now [2021/2078]

Rating

In the rating given for IPO issuance, CARE Rating Nepal has given CARNP Double B Issuer rating to the company. This indicates that there is a moderate risk for the company to meet its financial obligations.

Where to Apply Nyadi Hydropower IPO?

The company is about to issue an IPO worth Rs 225 million. Accordingly, the company will issue 2.25 million ordinary shares with a face value of Rs 100 per share.

The issue and sale manager of the company is Global IME Capital Limited. The general public can apply from all C-ASBA member banks and financial institutions and their branch offices approved by the Nepal Securities Board.

  1. Online Using Meroshare Account
  2. From Bank Branch

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