Under preliminary review SEBON adds the IPO of Mathillo Mailun Khola Jalvidhyut | 25 lakh units of shares will issue.
The Mathillo Mailun Khola Jalvidhyut Limited initial public offering (IPO) issue has been added to the most recent list of IPO pipeline status issued by the Securities Exchange Board of Nepal (SEBON) as being under preliminary evaluation.
The hydroelectric company is planning to issue 2,500,000 equity shares with a par value of NPR 100 apiece as part of an initial public offering (IPO) in order to collect Rs. 25 crores from the local and general public.
The issue manager is Sanima Capital Ltd. On Falgun 3, 2079, the application was submit to SEBON.
Mathillo Mailun Khola Jalvidhyut Ltd has received a “CARE-NP BB-” grade from CARE Ratings Nepal Limited (CRNL).
In Nepal, issuers with this grade are thought to have a modest risk of default when it comes to the timely payment of financial obligations.
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