Mailung Khola to issue IPO shares from 17th Jestha

May 22, 2017 merolagani

Mailung Khola Jal Vidhyut Company Limited will be issuing 3,68,143 unit shares at par value of Rs 100 per share via Initial Public Offering (IPO) to locals of project affected areas of Rasuwa district from 17th Jestha, 2074.

Out of the total issuing units, 1,84,072 units will be issued to locals of Dadagau and Ramche VDC and 1,84,072 units will be issued to locals of other VDC of Raswa district.

Interested investors must apply for at least 50 units worth Rs 5,000 and can apply for 1,840 units worth Rs 1,84,000 at most. The public offering will close on 31st Jestha, 2074.

Application for the offering can be submitted from Siddhartha Capital Limited, issue manager, or from designated offices of Janata Bank Limited, Prabhu Bank, ICFC Finance and Himalayan Bank Limited.

The hydropower company is floating 10% of total share capital to locals of project affected areas. Remaining 20% will be issued to general public and staffs after the completion of public issue to locals of project affected areas.

Mailung Khola Jal Vidhyut operates Mailung Khola Hydropower project with a capacity of 6MW in Rasuwa district.

 

....मेरो लगानी डटकमको सह-प्रकाशन nepaljournal.com हेरेर प्रतिक्रिया तथा सुझाब दिनुहोला।

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