Out of the total offered units, the company will issue 400,000 units to locals of affected area and the remaining 800,000 units to the general public.
After the IPO, the paid-up capital of the company will reach Rs 400 million.
The company has appointed NIBL Ace Capital as its issue manager.
The company is developing 7MW hydropower project in Upper Khorunga Khola at Tehrathum District.
