Menchiyam Hydropower Obtains SEBON Approval for IPO

Feb 03, 2023 03:42 PM Merolagani

Menchiyam Hydropower has sought approval from Securities Board of Nepal (SEBON) to issue initial public offering (IPO) on February 2.

The company is planning to issue 1,627,750 units of shares worth Rs 162.7 million to locals of affected area and the general public.

The company has appointed NIC Asia Capital as its issue manager.

The company is developing 7.7 MW Upper Peluwa in Siddhakali, Sankhuwasabha and 4.72 MW Upper Peluwa Khola 2 Small Hydropower.

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NEPSE Lists Bonus Share of 2 Companies

Mar 19, 2023 03:30 PM

Nepal Stock Exchange (NEPSE) has listed bonus shares of two companies including Siddhartha Bank (SBL) AND Bindhabasini Hydropower.