Himalayan Hydro to issue IPO, Appoints Janata Capital as Issue Manager

Jun 04, 2019 Merolagani



Himalayan Hydropower is set to issue initial public offering (IPO) worth Rs 220 million through Janata Capital.

Shiva Krishna Shrestha, director of Himalayan Hydropower and Vishwa Subedi, Executive Director of Janata Capital signed  a memorandum of understanding (MoU) regarding the same on June 4.

The company will issue 2,250,000 units of primary shares at a face value of Rs 100. Out of the total shares, the company will issue 900,000 units to locals of affected area and 1,350,000 units to general public.




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