SEBON approves Mailung Khola and Rairang Hydropower to issue IPO shares

May 07, 2017 merolagani

Securities Board of Nepal (SEBON) has approved Mailung Khola Jal Vidhyut Company Limited and Rairang Hydropower Development Company Limited to issue IPO (Initial Public Offering) shares to local of project affected areas.

Mailung Khola Jal Vidhyut Company will be issuing 3,68,143 unit shares worth Rs 3.68 crores to locals of Rasuwa district whereas Rairang Hydropower will be issuing 5,60,000 unit shares worth Rs 5.60 crores to locals of Taplejung district via IPO for local people.

Siddhartha Capital Limited is the issue manager for Mailung Khola’s IPO. Likewise, Ace Capital Limited will manage the IPO for Rairang Hydropower.

 

comments powered by Disqus

'Araniko highway expansion to continue'

Apr 22, 2024 11:35 AM

The expansion of Sanga-Dhulikhel road along the Araniko Highway is to continually move ahead.

Gold and Silver Price Decline

Apr 22, 2024 10:58 AM