Daramkhola Hydro Energy IPO Set to Launch: Your Guide to Investing in Nepali Stocks
Get ready, because Daramkhola Hydro Energy Limited is about to launch its much-anticipated Initial Public Offering (IPO)! Mark your calendars for August 1st, 2024, when this exciting opportunity to invest in Nepal opens up. Are you a stock market beginner or a seasoned Nepali stock market investor? This is your chance to get involved in the Nepali stock market and add a new investment portfolio element.
The company will be issuing a primary share (IPO), a fantastic chance for you to buy shares in Nepal. The IPO will offer 3,950,000 shares at a face value of NPR 100 per share, a perfect moment for potential investors to buy IPO shares. This represents 38.33% of the company’s issued capital. The stock market in Nepal is buzzing, and this hydro power project is adding more hype, making it a great opportunity to invest in Nepali shares.
This IPO is a significant event in the Nepalese share market, attracting attention from both local and international investors, and making it another reason to invest in Nepal’s stock market. Previously, the company allocated shares to residents of the project-affected area and Nepali workers abroad, totaling 1,030,500 and 291,150 shares, respectively.
Now, in the second phase, 2,423,185 shares are available for the general public. That’s a great opportunity to apply for IPO. Of these, 58,390 shares are earmarked for company employees, and 145,975 shares are reserved for collective investment schemes. If you are looking to learn how to apply for an IPO in Nepal, this is the perfect chance to dive in.
IPO investment has never been easier! Investors can apply for a minimum of 10 shares and a maximum of 50,000 shares. That makes the Darumkhola Hydro Energy IPO accessible for all types of investors, from those just starting out to those looking to make a substantial investment in the Nepalese economy. Don’t miss this golden opportunity to participate in the Nepal stock market. Keep an eye on IPO updates and IPO news from Equity Nepal and other financial news sources. Remember to do your stock market analysis before buying shares.
