The company issued 1 million units of shares to the locals of affected area. Out of total offered units, the company allotted 990,800 units of shares as per Securities Issuance and Allotment Guideline, 2074.
The company has appointed Sanima Capital as issue manager. The allotment result can be viewed through the website of issue manager https://www.sanima.capital/ipo and the website of the company https://sanimamailung.com.
The company is promoting 14.3 MW Upper Mailung Khola Hydropower Project with total estimated cost of Rs 2.50 billion and per MW estimated cost of Rs 174.8 million. The payback period of the project is 7.40 years while the discounted payback period is 12.76 years.
