Suryakunda Hydro Electric will issue an IPO for the general public from January 18
Kathmandu. Suryakunda Hydro Electric Company Limited is going to release it to the general public from January 18th. In the first phase, the company has distributed the IPO to local residents affected by the project and Nepalis who are employed abroad, and now it is going to be released to the general public.
This company has received permission from the Nepal Securities Board to issue 13 lakh 79 thousand 350 IPO shares at the rate of Rs 100 per share. Out of which, in the first phase, 689,675 shares have been distributed to project affected people and 68,976 shares have been distributed to Nepalis who are employed abroad.
Out of the remaining shares, the company is going to issue 572,431 IPO shares to the general public after reserving 13,793 shares for the company's employees and 34,484 shares for collective investment funds. In this IPO, you can apply for a minimum of 10 shares and a maximum of 50,000 shares until January 21.
Express
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