IPO for general Public | Sagarmatha Jalbidhyut Company is issuing 35,81,760 Units of IPO Shares from Today

IPO for general Public | Sagarmatha Jalbidhyut Company is issuing 35,81,760 Units of IPO Shares from Today

Sagarmatha Jalbidhyut company ltd is Issuing 35,81,760 Units of IPO Shares to the General Public from Today or, the 8th of March 2079.

The early deadline for this issue is 12 Chaitra, and if it is not fully subscribe, it can postpone until 22 Chaitra, 2079.

The initial public offering (IPO) offer letter for this company has already make available to the public.

A total of 35,81,760 unit shares having a face value of Rs 100 would be issued by the firm starting on the eighth Chaitra of 2079. This IPO aims to raise Rs 35.81 crore for the company.

436,800 of the 43,68,000 total units, or 10% of the total, have already give to Nepalese workers abroad. Mutual funds have been allocated 5%, or 218,400 units, of the total shares offered.

Furthermore, 3%, or 131,040 units, have reserves for the company’s employees.

The 35,81,760 units that remain will distribute to the general population. After the IPO, the company’s paid-up capital would be Rs. 1.12 Arba.

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IPO of Sagarmatha Jalbidhyut Company

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