Tag: Kaski

  • “Vision Lumbini Urja IPO Open to Kaski District Locals and Nepalese Abroad; Extension Possible for Locals”

    “Vision Lumbini Urja IPO Open to Kaski District Locals and Nepalese Abroad; Extension Possible for Locals”


    Vision Lumbini Urja Company Limited has initiated an Initial Public Offering (IPO) that is open for subscription from the 19th of Bhadra until the 2nd of Ashwin, 2080. This IPO is available to project-affected locals of Kaski District and Nepalese citizens working abroad.

    It’s important to note that for residents of Kaski District, if the IPO is not fully subscribed by the early closing date, it may be extended until Ashwin 17. However, this extension option does not apply to Nepalese citizens working abroad.

    The total issued capital of the company amounts to Rs. 1.91 Arba, and out of this, 10%, equivalent to 19,12,500 unit shares valued at Rs. 19.12 Crores, has been set aside for project-affected locals of Kaski District.

     

  • “Vision Lumbini Urja IPO: Shares Offered to Kaski Locals and Nepalese Abroad from Bhadra 19”

    “Vision Lumbini Urja IPO: Shares Offered to Kaski Locals and Nepalese Abroad from Bhadra 19”


     

    Vision Lumbini Urja Company Limited has released a formal offer letter for its Initial Public Offering (IPO), targeting individuals affected by the project in Kaski District and Nepalese citizens employed overseas.

    The IPO subscription window, specifically tailored for local residents and Nepalese citizens working abroad, will be accessible from the 19th of Bhadra to the 2nd of Ashwin in the year 2080. It’s important to note that in the case of Kaski District residents, if the subscription remains undersubscribed by the initial closing date, the offering period may extend until the 17th of Ashwin. However, for Nepalese citizens working abroad, the IPO offering will not be prolonged beyond the initial closing date.