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Wednesday, October 20, 2021
    Nepal Stock ExchangeIPO | FPO NewsNyadi Hydropower Limited is launched its initial public offering (IPO)

    Nyadi Hydropower Limited is launched its initial public offering (IPO)

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    Nyadi Hydropower Limited would offer 2,250,000 units of ordinary shares priced at 22.5 crores to members of the general beginning on Ashwin-15, 2078. This initial public offering (IPO) has an early closure date of Ashwin-20, 2078. If sufficient subscriptions not received by Ashwin-20, 2078, the issue will be extended until Ashwin-31, 2078.

    The to issue 2,250,000 units of shares on Ashwin-15, 2078, accounting for 15% of its issued capital (as of December 31, 2078). The Mutual Fund is allocated 112,500 units out of a total of 2,250,000 units, or 5% of the total. The remaining 2,092,500 units dispersed to the general public, while 42.5 percent of the units manufactured, or 45,000 units, are reserved for firm workers.

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    Applications for a minimum of 10 units and a maximum of fifty thousand units can be submitted.

    The issue manager for the initial offering has been named as International Money & Capital Limited (IPO).

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