The company is issuing 35.26 percent shares of issued capital worth Rs 1.20 billion. Accordingly, it will issue 42,230,668 units of shares worth Rs 423 million to the general public.
Out of the total approved units, the company is issuing 10 percent i.e. 1.2 million units worth Rs 120 million to the locals of affected area of Bhojpur District.
Interested investors can apply for a minimum of 10 and maximum of 50,000 units of shares.
Care Rating Nepal has assigned BB rating to the issuer indicating moderate risks.
The company has appointed Prabu Capital as issue manager. The interested local investors can apply from the office of issue manager, Taksar Pikhuwa Khola Hydropower Site Office-Bhojpur, Prabhu Bank (Bhojpur, Pyauli, Hatuwagadhi) branches and Bhojpur branch of Citizens Bank International.
