United Idi-Mardi Extends Deadline of IPO Issue

Oct 08, 2020 10:44 AM Merolagani

United Idi-Mardi and R B Hydropower has extended the deadline of IPO issue till October 22. The company started issuing initial public offering (IPO) for locals of affected area from September 23.

The company is issuing 420,000 units of primary shares to locals of affected area. The interested investors can apply for a minimum of 10 units and maximum of 10,000 units of shares.

The company will issue 420,000 to locals of affected area and 630,000 units to general public.

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

Care Rating Nepal has assigned Care NP IPO Grade 4 rating to the IPO indicating below average fundamentals.

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Nyadi Hydropower Seeks SEBON Approval for IPO

Nov 27, 2020 04:46 PM

Nyadi Hydropower (NHL) has sought approval from Securities Board of Nepal (SEBON) for initial public offering (IPO).