Tag: Jalbidhyut

  • Mathillo Mailung Khola Jalbidhyut Allots IPO Shares to Project-Affected Residents in Rasuwa and Nuwakot Districts

    Mathillo Mailung Khola Jalbidhyut Allots IPO Shares to Project-Affected Residents in Rasuwa and Nuwakot Districts


    Mathillo Mailung Khola Jalbidhyut Limited has successfully allocated its Initial Public Offering (IPO) shares to local residents directly impacted by the project in Rasuwa and Nuwakot Districts. The allocation process concluded on the 1st of Ashwin, 2080, following an offering of 10,00,000 units of IPO shares, which represent 10% of the company’s total issued capital amounting to Rs. 1 Arba. This offering was exclusively available to residents in the Rasuwa and Nuwakot Districts and was open for applications from the 4th of Shrawan to the 17th of Bhadra. Local residents had the opportunity to apply for a minimum of 10 shares and a maximum of 10,000 shares.

    According to a recent notice issued by the company, approximately 990,800 units of IPO shares, or 99.08% of the total offering, have been successfully allotted to eligible applicants from the project-affected areas. Consequently, the remaining 9,200 units will soon be made available to the general public. In addition to this, the company plans to issue an additional 15,00,000 units, representing 15% of the total issued capital.

    CARE Ratings Nepal Limited (CRNL) has assigned a rating of ‘CARE-NP BB-‘ to Mathillo Mailun Khola Jalvidhyut Limited. This rating indicates a moderate risk of default in terms of the company’s ability to meet its financial obligations in Nepal.

    Mathillo Mailun Khola Jalvidhyut Limited is a publicly traded company established on August 14, 2012. The company’s establishment was facilitated by institutional investors, primarily associated with the Sanima Hydro Group, as well as other financial institutions, including banks and insurance companies. Its primary objective is to develop a 14.3 MW run-of-river project known as the Mathillo Mailun Khola Jalvidhyut Project, located in the Rasuwa district of Nepal, under the BOOT (Build, Own, Operate, and Transfer) mechanism.

  • “Mathillo Mailung Khola Jalbidhyut IPO Closing Today for Overseas Nepali Employees; Local Deadline Extended till Shrawan 18”

    “Mathillo Mailung Khola Jalbidhyut IPO Closing Today for Overseas Nepali Employees; Local Deadline Extended till Shrawan 18”


     

    Mathillo Mailung Khola Jalbidhyut Limited is ending the IPO application for Nepalese citizens working abroad today, which started on 18th Shrawan, 2080. However, the deadline for project-affected locals in Rasuwa and Nuwakot Districts has been extended until 1st Bhadra. The company has a total issued capital of Rs. 1 Arba, with 10% allocated to project-affected locals in Kaski District and 15% reserved for the general public. Out of the public issue, 10% of shares, totaling 150,000 units, have been set aside for Nepalese citizens working abroad, with the application closing today.

     

  • The Sagarmatha Jalbidhyut Company’s Initial Public Offering (IPO) has concluded, with 3,58,176 lucky applicants receiving 10 units each.

    The Sagarmatha Jalbidhyut Company’s Initial Public Offering (IPO) has concluded, with 3,58,176 lucky applicants receiving 10 units each.


    Sagarmatha Jalvidyut Company Limited’s initial public offering (IPO) was completed today at Prabhu Capital Limited’s Kamaladi headquarters.

    Out of the total 43,68,000 units authorized for the general public, 10%, or 436,800 units, have already been issued and distributed to Nepalese people working abroad, 5%, or 218,400 units, have been put aside for mutual funds, and 3%, or 131,040 units, have been set aside for firm workers.

     

    The remaining 35,81,760 units were distributed to the general population between the 8th and 12th Chaitra, 2079.

    Following the IPO, the company’s paid-up capital will be Rs. 1.12 Arba. Moreover, the promoter-public share ratio would be 51: 49.

    The problem has received 13,93,153 genuine applications.

  • Toda Sagarmatha Jalbidhyut Company Issues 35,81,760 Units IPO Shares To The General Public

    Toda Sagarmatha Jalbidhyut Company Issues 35,81,760 Units IPO Shares To The General Public


    Sagarmatha Jalbidhyut Company Limited is launching an Initial Public Offering (IPO) of 35,81,760 unit shares to the general public today, 8th Chaitra, 2079. This issue’s early closing date is on the 12th Chaitra, and if it is not fully subscribed, it can be extended until the 22nd Chaitra, 2079.

    Out of the total 43,68,000 units, 10%, or 436,800 units, have already been issued and allotted to Nepalese citizens working abroad, 5%, or 218,400 units, have been set aside for mutual funds, and 3%, or 131,040 units, have been set aside for company employees. The remaining 35,81,760 units will be available to the general public. The company’s pai

     

  • Last Day to Apply for Sagarmatha Jalbidhyut Company’s Local IPO; Issue Closing Date:

    Last Day to Apply for Sagarmatha Jalbidhyut Company’s Local IPO; Issue Closing Date:


    From today, 5th Falgun, 2079, Sagarmatha Jalbidhyut Company Limited will close the issue of 11,20,000 unit IPO shares for project-affected locals of Illam District. The issue had begun on the 5th of Magh, 2079.

    The company’s issued capital is Rs. 1.12 Arba, of which 10%, or 11,20,000 unit shares worth Rs. 11.20 crores, have been reserved for project-affected Illam District residents. Meanwhile, 39% of the company’s issued capital, or 43,68,000 unit shares, will be made available to the general public later. 10% of the shares, totaling 436,800 units, were allocated for Nepalese citizens working abroad in this public issue, which closed on the 19th of March

     

  • Ru Ru Jalbidhyut Net Profit Decline By 9.31% in Q2; Generates Sales Revenue Worth Rs. 9.15 Crores for this Quarter

    Ru Ru Jalbidhyut Net Profit Decline By 9.31% in Q2; Generates Sales Revenue Worth Rs. 9.15 Crores for this Quarter


     

    Ru Ru Jalbidhyut Pariyojana Limited (RURU) has posted a decline in net profit by 9.31% in the second quarter (Q2) of the current FY 2079/80. The profit decreased to Rs. 5.96 crores in this quarter from Rs. 6.57 crores in the corresponding quarter of the previous year.

    RURU has sales revenue worth Rs. 9.15 crores, which has declined by 8.13% in this quarter.