Manakamana Engineering Hydropower Limited is wrapping up its Initial Public Offering (IPO) for project-affected locals on the 9th of Shrawan. The IPO, which began on the 19th of Ashad, 2080, allocated 10% of the company’s issued capital, amounting to Rs. 8 Crores, to project-affected locals in Dolakha District. Additionally, there will be a public issue of 25% of the company’s capital, with 200,000 unit shares set aside for Nepalese citizens working abroad. The application period for the shares allocated to Nepalese citizens abroad ended on the 2nd of Shrawan, 2080.
