Sikles Hydropower Limited intends to issue 20 lakh shares in an initial public offering (IPO).

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The proposed initial public offering (IPO) of Sikles Hydropower Limited has been added the pipeline.

a par value of Rs 100 per share, the hydroelectric company intends issue a total of 20 lakh shares. As a result, the corporation will receive a total of Rs. 20 crores as a result of this transaction.

Sikles Hydro has engaged BoK Capital as the issue manager for its initial public offering (IPO). On Kartik 29, the application was filed the authority.

a capacity of 13MW, Sikles Hydropower is located in the Kaski district of Madi Gaupalika. The building of the company has already been completed, and the company has been in operation since Chaitra 9, 2074. Sikles Hydropower has also paid cash dividends its current owners, a move that has been criticized.

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