The board approved IPO of Sayapatri Hydropower and Mandakini Hydropower on June 1.
Both hydropower companies obtained IPO approval for locals of affected area and the general public.
Sayapatri Hydropower is set to issue 900,000 units of primary shares worth Rs 90 million. The company has appointed NIBL Ace Capital.
Similarly, Mandakini Hydropower is set to issue 1,764,110 primary shares worth Rs 176.4 million. It has appointed BOK Capital as its issue manager.
