Tag: Locals

  • From Baisakh 11, Three Star Hydropower will issue an initial public offering (IPO) to residents of Khotang District and Nepalese working abroad.

    From Baisakh 11, Three Star Hydropower will issue an initial public offering (IPO) to residents of Khotang District and Nepalese working abroad.


     

    Three Star Hydropower Limited has issued an offer letter to issue an Initial Public Offering (IPO) to Khotang District residents and Nepalese citizens working overseas.

    The initial public offering (IPO) for locals and Nepalese citizens working abroad will take place from the 11th to the 25th of Baisakh, 2080. It should be noted that if the problem is not subscribed to by the early closing date for Khotang District residents, it may be prolonged until the 9th Jestha. The issue, however, will be prolonged beyond the early deadline for Nepalese people working abroad.

     

  • What Rawa Energy Development Prospective Investors Should Know

    What Rawa Energy Development Prospective Investors Should Know


     

    Rawa Energy Development Ltd is a public limited company that was founded as a private limited company on August 16, 2009 and later converted to a public limited company on June 28, 2019. It is promoted by businesspeople with extensive experience in hydropower and other sectors for the establishment of Hydroelectric Projects (HEP) in Nepal. In Khotang District, the company operates a 3 MW Upper Rawa Khola Small Hydropower Project (URKHP), which has been in commercial operation since September 20, 2020. The project is being built using the BOOT (Build, Own, Operate, and Transfer) model.

  • Modi Energy Allotted Shares to Parbat District Residents; 72.27% of Shares Were Unsubscribed

    Modi Energy Allotted Shares to Parbat District Residents; 72.27% of Shares Were Unsubscribed


     

    Modi Energy Limited has distributed IPO shares to Parbat District residents affected by the project. The allotment program came to an end on Chaitra 19, 2079.

    From the 25th Falgun to the 16th Chaitra, 2079, the company issued 29,00,000 unit IPO shares, representing 10% of the issued capital of Rs. 2.9 Arba, to project-affected residents of Parbat District. Locals could apply for a minimum of 10 shares and a maximum of 1000 shares.

     

  • Last Day to Apply for Ingwa Hydropower’s Locals IPO; Issue Closes Today

    Last Day to Apply for Ingwa Hydropower’s Locals IPO; Issue Closes Today


     

    Ingwa Hydropower Limited is completing the distribution of 6,00,000 units of IPO shares to project-affected locals today, Chaitra 20, 2079. The problem had begun on the 21st of Falgun, 2079.

    The company’s issued capital is Rs. 60 crores, of which 10%, or 6,00,000 unit shares worth Rs. 6 crores, have been allocated to project-affected Taplejung District residents. Meanwhile, 20% of the company’s issued capital, or 12,00,000 unit shares, will be made available to the general public later. This public issue, which closed on the 5th Chaitra, allocated 10% of the shares totaling 120,000 units to Nepalese citizens working abroad.

  • On Chaitra 20, Dolti Power Company distributed IPO shares to project-affected residents of Dailekh District.

    On Chaitra 20, Dolti Power Company distributed IPO shares to project-affected residents of Dailekh District.


    Dolti Power Company Limited has distributed IPO shares to Dailekh District residents affected by the project. The allotment program came to an end on Chaitra 20, 2079.

    The company’s issued capital is Rs. 53.64 crores, of which 10%, or 536,486 unit shares worth Rs. 5.36 crores, were allocated to project-affected Dailekh District residents. Meanwhile, 20% of the company’s issued capital, or 10,72,972 unit shares, will be made available to the general public later. 10% of the shares in this public offering, totaling 107,298 units, were reserved for Nepalese citizens working abroad. The problem had begun on the 8th of Falgun, 2079.

     

  • Today is the last day to apply for a Modification of the Issue of the Day

    Today is the last day to apply for a Modification of the Issue of the Day


    Modi Energy Limited is closing the issue of 29,00,000 units of IPO shares to the project-affected locals today i.e. on 16th Chaitra 2079. The problem had begun on the 25th of Falgun, 2079.

    The company’s issued capital is Rs. 2.9 Arba, of which 10%, or 29,00,000 unit shares worth Rs. 29 crores, have been allocated to project-affected Parbat District residents. Meanwhile, 15% of the company’s issued capital, or 43,50,000 unit shares, will be made available to the general public later. This public issue, which closed on the 9th Chaitra, allocated 10% of the shares totaling 435,000 units to Nepalese citizens working abroad.

     

  • The NIC ASIA Laghubitta Parasi branch organizes a walkathon to commemorate the 11th Global Money Week.

    The NIC ASIA Laghubitta Parasi branch organizes a walkathon to commemorate the 11th Global Money Week.


    Through its sub-provincial office in Nawalparasi, NIC ASIA Laghubitta has organized a rally program to commemorate Global Money Week 2023 in Parasi.

     

    According to the media statement, the event was led by the Parasi Laghubitta Employee Forum, and participants carried placards for financial awareness.

     

  • Makar Jitumaya Suri Hydropower Company Allotted IPO Shares to Locals Affected by the Project and Nepalese Working Abroad

    Makar Jitumaya Suri Hydropower Company Allotted IPO Shares to Locals Affected by the Project and Nepalese Working Abroad


    Makar Jitumaya Suri Hydropower Company Limited has distributed IPO shares to project-affected Dolakha District residents and Nepalese citizens working abroad. The allotment program ended on Chaitra 9, 2079.

    The company’s issued capital is Rs. 76 crores, of which 10%, or 7,60,000 unit shares worth Rs. 7.6 crores, were allocated to project-affected Dolakha District residents (Locals of Gaurisankhar gaupalika and Bigu gaupalika). Meanwhile, 20% of the company’s issued capital, or 15,20,000 unit shares, will be made available to the general public later. 10% of the shares in this public offering, totaling 152,000 units, were reserved for Nepalese citizens working abroad. The issue had begun on the 15th of Magh, 2079.

     

  • Modi Energy IPO closes today for Nepalese working abroad.

    Modi Energy IPO closes today for Nepalese working abroad.


    Modi Energy Limited is closing its IPO issue to Nepalese citizens working abroad today, 9th Chaitra, and has extended the IPO issue deadline for project-affected locals until 16th Chaitra, 2079. The problem had begun on the 25th of Falgun, 2079.

    The company’s issued capital is Rs. 2.9 Arba, of which 10%, or 29,00,000 unit shares worth Rs. 29 crores, have been distributed to project-affected Parbat District residents. Meanwhile, 15% of the company’s outstanding capital, or 43,50,000 unit shares, will be made available to the general public later. This public offering, which will conclude today, has reserved 10% of the shares totalling 435,000 units for Nepali people working overseas.

  • The Mai Khola Hydropower IPO is now closed for Nepalese working abroad and project-affected Ilam District residents.

    The Mai Khola Hydropower IPO is now closed for Nepalese working abroad and project-affected Ilam District residents.


    From today, 9th Chaitra, 2079, Mai Khola Hydropower Limited will close the issue of its IPO to Nepalese citizens working abroad and project-affected locals of Ilam District. The problem had begun on the 25th of Falgun, 2079.

    The company’s issued capital is Rs. 39.21 crores, of which 10%, or 392,157 unit shares worth Rs. 3.92 crores, have been allocated to project-affected locals in the Ilam District. Meanwhile, 39% of the company’s issued capital, or 15,29,411 unit shares, will be made available to the general public later. This public issue, which will close today, has allocated 10% of the shares totaling 152,941 units to Nepalese citizens working abr

     

  • Last Day to Apply for Menchhiyam Hydropower’s Locals IPO; Issue Closes Today

    Last Day to Apply for Menchhiyam Hydropower’s Locals IPO; Issue Closes Today


    Menchhiyam Hydropower Limited has completed the distribution of 5,42,583 units of IPO shares to project-affected locals today, 9th Chaitra, 2079. The problem had begun on the 10th of Falgun, 2079.

    The company’s issued capital is Rs. 54.25 crores, of which 10%, or 5,42,583 unit shares worth Rs. 5.42 crores, have been allocated to project-affected Sankhuwasabha District residents. Meanwhile, 20% of the company’s issued capital, or 10,85,167 unit shares, will be made available to the general public later. This public issue, which closed on the 25th of Falgun, allocated 10% of the shares totaling 108,517 units shares to Nepalese citizens wo

     

  • Kalinchowk Darshan and Asian Hydropower IPO Shares Are Finally Listed On NEPSE

    Kalinchowk Darshan and Asian Hydropower IPO Shares Are Finally Listed On NEPSE


    Kalinchowk Darshan Limited’s IPO shares of 60,00,000 units have been listed on NEPSE. This includes promoter shares as well as shares issued to the general public and project-affected locals.

    The initial transaction price range is Rs. 78.15 to Rs. 234.45. If the company signs the agreement with NEPSE, the IPO shares will trade in the secondary market the following day.