The company is floating IPO shares worth Rs 5.40 crores, equivalent to 20% of company’s paid up capital. Out of the total issuing shares, 10,800 units will be allotted to company’s staff and 2,700 units will be allotted to existing mutual funds. General public will be allotted the remaining 5,26,500 unit shares.
Interested investors must apply for at least 50 unit shares worth Rs 5,000 and can apply for 2,700 units worth Rs 2,70,000 at most. The public offering will close on 18th Jestha, 2074 at earliest or on 28th Jestha, 2074 at maximum.
Global IME Capital Limited is the assigned issue manager for the IPO.
The company has successfully allotted 2.70 lakhs unit IPO shares to locals of project affected areas in Lamjung district.
Chhyangdi was established on 2064 B.S. as a private limited company. The company is generating 2 MW of electricity from Channdi Khola in Lamjung district. The company is developing upper Channdi hydropower project with a capacity of 4 MW.
