Last day to apply for IPO of United Idi-Mardi

Oct 22, 2020 09:51 AM Merolagani



Today is the last day to apply for IPO of United Idi-Mardi and R B Hydropower.  The company started issuing initial public offering (IPO) for locals of the 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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