Tehrathum Power Company Limited to Auction Unsubscribed Right Shares: Your Chance to Invest in Hydropower!
Are you looking to invest in the stock market and capitalize on investment opportunities? Here’s a chance to get involved with Tehrathum Power Company Limited! The company is holding an auction for its unsubscribed right shares, opening up an exciting avenue for the general public to buy shares and potentially grow their investment portfolio.
Tehrathum Power Company Limited initially offered right shares to existing shareholders on a 1:1 ratio. The subscription period ran from Asar 16 to Shrawan 11, 2082, but not all shares were taken up. A significant number of shares – specifically, 4,18,738 shares – remain available. This presents a valuable opportunity for new investors to participate in the growth of a power company.
The company is now taking the next step to fully subscribe its shares by auctioning the remaining ones. This is a great chance for those interested in the stock market, hydro projects, and renewable energy to add shares to their portfolios.
The auction is designed to be accessible. Interested investors can submit sealed bids between Shrawan 27 and Bhadra 3, 2082. The minimum bid price is set at Rs. 100 per share, which is a reasonable starting point to allow for affordable share purchasing. However, investors are free to bid higher prices, increasing their chances of securing the shares. The investment requirement starts with a minimum application of 100 shares. There is no upper limit on the number of shares an investor can bid for, allowing for flexible investment strategies. This provides flexibility for both smaller and larger investments.
Nabil Investment Banking Limited is managing the auction as the issue and sales manager. They are making it easy to invest by providing convenient application locations. You can submit your application at Nabil Investment Banking Limited offices or at selected branches of Nabil Bank. These branches are located across several key cities, including Biratnagar, Birtamod, Birgunj, Hetauda, Jawalakhel, Suryabinayak, Pokhara, Butwal, Nepalgunj, Surkhet, and Dhangadhi, ensuring wide accessibility for potential investors. Whether you are an individual or a company, you are eligible to participate in the auction.
This is a great time to invest in Nepal and its growing hydropower sector. Take advantage of this limited-time investment opportunity and consider adding Tehrathum Power Company Limited shares to your portfolio. Don’t miss out on this chance to buy shares!
