Yambaling Hydropower will issue an IPO to the general public from May 16
Kathmandu. Yambaling Hydropower Company Limited is going to issue an IPO to the general public from the 16th of Baisakh. In the first phase, after distributing the IPO to project-affected and foreign employed Nepalis, the second phase is to issue the IPO to the general public as well.
The company has received permission from the Nepal Securities Board to issue 40 percent of its issued capital of 70 million rupees, i.e. 28 million rupees. Out of which, 700,000 shares have been distributed among the project-affected and 200,000 shares among Nepalis who are employed abroad.
Now, out of the remaining IPO, 1 lakh 5 thousand shares have been reserved for collective investment fund and 42 thousand shares for the employees working in the company.
Express
Related News
Everest Color will issue IPO from May 16
Kathmandu. Everest Color Limited is going to issue ordinary share IPO for the Nepalese who are employed abroad in the first phase from this 16th of Baisakh. The company has received permission from the Nepal Securities Board to issue 16.33 percent...
Now 100 rupee notes will be available from ATMs
Kathmandu. Nepal Rastra Bank has asked banks and financial institutions to make arrangements to distribute Rs 100 and Rs 100 notes along with Rs 1,000 and Rs 500 notes from the ATMs of banks and financial institutions.
The National Bank thro...
Vehicles are running on Nagadhunga tunnel from today: Nepal is entering the tunnel age
Kathmandu. The dream of the Nepalese people for years to run vehicles in the tunnel has finally been realized. The much-awaited Nagadhunga tunnel, which was built on November 14, 2019, has been formally opened for traffic from Monday.
The sp...
Solu Hydropower's IPO is being distributed today, how many will get shares?
Kathmandu. The IPO of Solu Hydropower Limited will be distributed today. Nabil Investment Banking Limited and Himalayan Capital Limited will distribute the IPO today at 3:30 PM as the company's securities issuing and sales managers.
In the c...
How much did Balen spend in the election?
Surunga. Walendra Sah Balen, who was elected as a member of the House of Representatives from Jhapa-5, has released his election expenditure details. According to the details submitted to the district election office through the election represent...
Nagadhunga-Sisne river tunnel from today mandatory toll!
Kathmandu. Toll fee will be charged from today for using Nagadhunga-Sisne river tunnel. Separate toll charges have been set for cars, buses, trucks and lorries for using the tunnel according to the size and direction of the vehicle. The government...



