Asian Hydropower Limited will issue 6,97,200 unit shares with a face value of Rs 100 starting today, March 27th, 2079. The company expects to earn Rs 6.97 crore from this IPO. This issue’s early closing date is Falgun 2, 2079, and if it is not fully subscribed, it can be extended until Falgun 12, 2079. Out of the total 840,000 units, 10%, or 84,000 units, have already been issued and allotted to Nepalese citizens working abroad, 2%, or 16,800 units, have been set aside for the company’s employees, and 5%, or 42,000 units, have been set aside for mutual funds. The remaining 6,97,200 units will be available to the general public.
Highlights:
- Sanima Middle Tamor Hydropower Issuing 42,48,938 Units IPO Shares Beginning Today
- Toda Sagarmatha Jalbidhyut Company Issues 35,81,760 Units IPO Shares To The General Public
- Asian Hydropower IPO has received Rs. 1.66 billion from 14.92 lakh applicants as of the last day.
- Supermai Hydropower IPO Allotment to be Concluded Tomorrow Morning
- IPO Allotment of Asian Hydropower Limited Concludes; 69,720 Applicants Out of 14,25,720 Applicants Get 10 Units Each