A roadmap for an IPO agreement for institutional consulting services is already signed by NIBL Ace Capital Ltd & Sinkosh Hydropower Private Ltd
A Roadmap for an IPO (Pre and After IPO Services Agreement) is signed between NIBL Ace Capital.
This Roadmap addresses issues related to financial reporting, accounting, and auditing. To help businesses get through the challenges involved in creating an IPO registration statement and finally becoming public.
The deal was signed by Mr. Sachindra Dhungana, Deputy General Manager, and Mr. Surya Prasad Adhikari, Managing Director, on behalf of NIBL Ace Capital Ltd. and Sinkosh Hydropower Company Ltd, respectively.
Mr. Bhuvan Raj Pant, the head of institutional consulting at NIBL Ace Capital Ltd, also attended the event.
In order to provide Nepal with clean, renewable electricity, Sinkosh Hydropower Private Limited is in charge of the Sinkosh Khola Hydropower Project.
The 3.45 Megawatt capacity of this plant. After changing its status from a private limited company to a public limited company, this business is getting ready to go public.
NIBL Ace Capital Limited will, in accordance with the provisions of the agreement, provide institutional advisory services. To Sinkosh Hydropower Company before and during the issuing of public shares in order to establish a business strategy (Business Plan.
NIBL Ace Capital Ltd & Sinkosh Hydropower Private Ltd
Bankable Project Documents), generate capital (Equity Raising), and control debt owed by businesses to financial institutions.
For all the initial work during the first phase, the organization will provide consultation and mediation services.
The business will also provide all required services for the administration of the issuing. And sale of the shares in the event that they should offer to the general public.
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