Last day to apply for IPO of Upper Tamakoshi

Nov 05, 2018 Merolagani

Today is the last day to apply for IPO of Upper Tamakoshi Hydropower Project (@Upper Tamakoshi@). As per the issue manager, nearly 256,000 applicants have applied for IPO worth Rs 4.80 billion till Monday 11 AM.

The company started issuing IPO worth Rs 1.58 billion to general public from November 1. The company is issuing 15 percent i.e. 15,885,000 units of general shares at a face value of Rs 100.

The interested investors can apply for the minimum of 50 to maximum of 1000 units of shares. The IPO will close on November 5.

The interested investors can apply for the shares from all C-ASBA approved BFIs.

Earlier, the company issued 10.590 million units of shares to locals of affected from August 1-17


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