River Falls Power is releasing 27,30,000 initial public offering (IPO) shares starting on Baisakh 28.
From Baisakh 28, 2079, River Falls Power Limited (RFPL) will issue 27,30,000 units worth Rs. 27.30 crore as an Initial Public Offering to the general public. This issueR17;s early closure date is Jestha 04, and if it is not completely subscribed, it can be prolonged until Jestha 11, 2079.
Out of the 27,30,000 units sold, 2% of the total offered shares to the general public, or 54,600 units, were set aside for firm personnel, and 5% of the total offered shares to the general public, or 1,36,500 units, were put aside for mutual funds. The remaining 25,38,900 units will be made available to the general public.