Panchakanya Mai Hydropower Limited issuing 27.50 lakh units IPO - Nepali Share News

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Wednesday, 10 January 2018

Panchakanya Mai Hydropower Limited issuing 27.50 lakh units IPO

Panchakanya Mai Hydropower Limited

Panchakanya Mai Hydropower will be issuing total of 27.50 lakh units IPO shares. Of the total shares, the hydropower company has set aside 11 lakh units shares for the project affected area and 16.50 lakh unit shares for general public at the face value of Rs 100.
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Panchakanya Mai Hydropower Limited will be issuing Initial Public Offering (IPO) shares of 11,00,000 units shares worth Rs 11 crore at par value of Rs 100 per unit to the projected affected local residents of Sandakpur Rural Municipality and Ilam Municipality from Magh 5, 2074 to Magh 19, 2074. Sunrise Capital Limited and Nabil Investment Banking Limited have been assigned as the issue manager.