Molung Hydropower Company Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO).
From the 4th of Falgun, 2079, the company will issue 22,64,655 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 22.64 crore for the company. This issue’s early closing date is the 10th Falgun, and if it is not fully subscribed, it can be extended until the 18th Falgun, 2079.
Highlights:
- From Baisakh 04, Menchhiyam Hydropower will issue 934,915 unit IPO shares to the general public.
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- Dolti Power Company will issue 12,71,861 unit IPO shares from Chaitra 28 in an IPO for the general public.
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