United Idi-Mardi Postpones IPO

Mar 23, 2020 12:50 PM Merolagani

United Idi-Mardi and R B Hydropower has postponed its initial public offering which was about to start from today.

Following the government decision of halting all operations excepts than vital services, the company postponed the IPO.

The company was set to issue initial public offering for locals of affected area from March 23. The company is issuing 420,000 units of primary shares to locals of affected area.

The company has appointed Global IME Capital as its issue manager.

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