Locals in the Ilam District who would impact by the project as well as Nepalese nationals living overseas have given IPO shares by Mai Khola Hydropower Company. On Chaitra 27, 2079, the allocation scheme came to a close.
10% of the company’s 39.21 crore rupees in issued capital, or 392,157 unit shares, worth 3.92 crore rupees, were give to residents of the Ilam District who were impact by the project.
Mai Khola Hydropower Allotted IPO
In the meanwhile, 15,29,411 unit shares, representing 39% of the company’s issued capital. Will distribute to the general public later. 10% of the shares, or 152,941 units, were reserve for Nepalese nationals who were working overseas. The issue had start on Falgun 25, 2079.
The firm officially notifies that, in accordance with the notice that was publish today. The issued units were allocat to the qualified applicants on Chaitra 27, 2079.
The issue manager is Prabhu Capital Ltd. According to a press release, Prabhu Capital Limited’s or CDSC’s official websites offer access to the IPO results.
ICRA Nepal has given Mai Khola Hydropower Limited an issuer rating of [ICRANP-IR] BB+ (pronounced ICRA NP issuer rating double B plus). The prompt servicing of financial obligations is thought to pose a modest risk of default for issuers with this grade.
Keep Visiting us.
Also, You may Read,