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Dordi Khola Hydropower Company Limited IPO Date

News 31 May 2022 597 0

Dordi Khola Hydropower Company Limited IPO Date

Dordi Khola Hydropower Company Limited is going to issue an IPO on the 26th of Jestha. The company is about to issue 1.7 million IPO shares to the public. 

Dordi Khola Hydropower Company Limited is going to issue an IPO on the 26th of Jestha. The company is about to issue 1.7 million IPO shares to the public.

The company distributed the allotted shares to the residents of the project-affected areas and distributed the remaining 2,97,840 shares; A total of 2,195,509 ordinary shares at the face value of Rs 100 per share are about to be issued.

Out of the total shares issued, 3 percent or 65 thousand 865 shares have been reserved for the employees of the company, and 5 percent or 1 lakh 9 thousand 775 shares have been distributed to the collective investment funds. The general investors will be able to apply for the remaining 2 million 19 thousand 839 shares.

Investors will have to apply for a minimum of 10 lots of shares and a maximum of 1.7 million lots of shares. The eviction will be stopped on the 31st of Jestha and if the application is not received by that time, the deadline to apply will be extended till the 9th of Ashad.

In the rating given for the IPO issue, ICRA Nepal has given ICRNP IR Double B minus rating to Dordi Khola Hydropower Company. This indicates an average risk in the ability to bear liability.

The issue and sale manager of Dordi Khola Hydropower is Siddhartha Capital Limited. Investors can apply for permission from participating banks and financial institutions with the permission of the Nepal Securities Board. In addition, you can also apply through My Share app or website.

Out of the total shares issued, 3 percent or 65 thousand 865 shares have been reserved for the employees of the company and 5 percent or 1 lakh 9 thousand 775 shares have been distributed to the collective investment funds. The general investors will be able to apply for the remaining 2 million 19 thousand 839 shares.

Investors will have to apply for a minimum of 10 lots of shares and a maximum of 1.7 million lots of shares. The eviction will be stopped on the 31st of Jestha and if the application is not received by that time, the deadline to apply will be extended till the 9th of Ashad.

In the rating given for the IPO issue, ICRA Nepal has given the ICRNP IR BB- rating to Dordi Khola Hydropower Company. This indicates an average risk in the ability to bear liability.

The issue and sale manager of Dordi Khola Hydropower is Siddhartha Capital Limited. Investors can apply for permission from participating banks and financial institutions with the permission of the SEBON. In addition, you can also apply through the MeroShare app or website.

IPO Date IPO
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