Don’t Miss Out! Last Day to Apply for Daram Khola Hydro Energy IPO!
Are you ready to dive into the Nepalese stock market? Today is the final day to apply for the initial public offering (IPO) of Daram Khola Hydro Energy, and you don’t want to miss this investment opportunity! This is your chance to become a shareholder in a promising hydroelectric power project.
IPO Applications Close Today!
Daram Khola Hydro Energy has been generating a lot of buzz, and for good reason. The company is offering a significant number of shares to the general public after successfully issuing IPOs to the project-affected area residents and Nepalese citizens working abroad. This IPO is a significant step for Daram Khola Hydro Energy and offers an excellent entry point for investors looking to participate in the growth of Nepal’s energy sector.
Key Details about the Daram Khola Hydro IPO:
- Total Shares Offered: A total of 24 lakh 23 thousand 185 shares at a face value of NPR 100 per share are available for the general public.
- Minimum & Maximum Application: Interested investors can apply for a minimum of 10 shares and a maximum of 50,000 shares.
- Rating: The company has been assigned an IRN Double B- issuer rating by Infomerics Credit Rating Nepal, indicating an average risk profile.
About the Daram Khola Hydropower Project:
Daram Khola Hydro Energy is developing a 9.6-megawatt hydropower project. The estimated total project cost is NPR 2.38 billion, with an estimated cost of NPR 247.9 million per megawatt. The hydroelectric plant has a remaining electricity license period of 28 years. The investment payback period is approximately 9.83 years.
How to Apply for the IPO:
The issuance and sale manager for the IPO is Lakshmi Sunrise Capital Limited. Investors can apply through the C-ASBA system via all banks and financial institutions approved by the Securities Board of Nepal (SEBON).
Why Invest in Daram Khola Hydro?
This IPO offers a fantastic opportunity to be part of Nepal’s infrastructure development. Investing in hydroelectric projects is crucial for sustainable energy and economic growth. Stock market experts predict positive returns and strong long-term performance. Don’t delay – apply for the Daram Khola Hydro Energy IPO today! This investment could significantly increase your portfolio value.
