Two Companies Seek SEBON Approval for IPO

Oct 30, 2023 02:04 PM Merolagani

Two Companies including Solu Hydropower and Taxar Pikhuwa Khola Hydropower have sought approval from Securities Board of Nepal (SEBON) to issue initial public offering (IPO).

Solu Hydropower is seeking approval to issue 20 million units of ordinary shares to the general public. the company has appointed Nabil Investment Banking as issue manager.

Similarly, Taxar Pikhuwa Khola is seeking approval to issue 4,230,668 units of ordinary shares worth Rs 423 million. The company has appointed Prabhu Capital as issue manager.

 

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