Puwa Khola-1 Hydropower Limited is set to make a significant market debut by appointing LS Capital Limited as the IPO issue and sales manager for its upcoming public offering. The hydropower company plans to release 19,46,660 ordinary shares to the general public, each carrying a face value of Rs 100. The strategic move towards IPO comes on the heels of the successful completion and operation of their 4 MW hydropower project situated in the picturesque Ilam district. Managing Director Mr. Kadam KC, representing Puwa Khola-1 Hydropower, and Mr. Bijay Lal Shrestha, CEO of Laxmi Sunrise Capital Limited, officially sealed the agreement. Investors now have the opportunity to be part of this forward-looking venture, contributing to both sustainable energy development and the economic growth of the region. The collaboration with LS Capital Limited further reinforces Puwa Khola-1 Hydropower’s commitment to bringing clean energy solutions to the forefront of the market, paving the way for a greener and more sustainable future.
Highlights:
- Dordi Khola Hydropower Taps Sanima Capital as Issue Manager for 1:1 Rights Offering
- Super Khudi Hydropower Taps Global IME Capital as IPO Issue Manager
- Lower Erkhuwa Hydropower Taps Muktinath Capital for IPO Management, Offers 21.5% of Capital to Public
- Dobhan HydroPower Company Appoints Sanima Capital as Issue Manager for Upcoming IPO
- “Setikhola Hydropower Appoints Kumari Capital as Issue Manager for 60 Lakh Unit Share Float; 20 MW Pokhara Project Set to Operate in 2024”