Asian Hydropower Seeks IPO Approval

Jan 06, 2022 09:21 AM Merolagani

Asian Hydropower has sought approval from the Securities Board of Nepal (SEBON) to issue an initial public offering (IPO).

The company is planning to issue 1,180,000 units of primary shares worth Rs 118 million at a face value of Rs 100 per share.

The company will issue the shares to locals of the affected area and the general public.

The company has appointed NMB Capital as its issue manager for the issue.

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