In the first day of Ashwin-15, 2078, Nyadi Hydropower Limited launched an initial public offering (IPO) of 2,250,000 units of ordinary shares with a market capitalization of Rs. 22.5 crores. The early closing date for this initial public offering (IPO) is Ashwin-20, 2078. Due to the fact that the issue was already oversubscribed on the first day, it will close at the earlier than scheduled closing date.
From Ashwin-15, 2078 to the present, the firm has issued a total of 2,250,000 units of shares, representing 15 percent of the total issued capital. Mutual funds account for 112,500 units, or 5%, of the total number of units, which is 2,250,000 units. There are 45,000 units reserved for firm personnel and a total of 2,092,500 units reserved for the general public, representing a 2 percent share of the total number of units.
International Money & Capital Limited has been designated as the issue manager for the initial public offering (IPO). As reported by the issue manager, 390,375 candidates have submitted applications for a total of 5,071,640 units available. This is the information that has been provided as of 3:49 p.m. today. This results in an issue being overcrowded by 2.42 times on the first day of publication alone.
It is possible to submit applications for a minimum of ten units and a maximum of fifty thousand units.