Kathmandu. The Securities Board of Nepal has given permission to Jhapa Energy to issue an IPO.
The company has got permission to issue ordinary shares up to 25 percent of the issued capital. With this, the company will now bring an IPO worth Rs 95 million 47 thousand 500. Accordingly, the company will issue a total of 950,475 units of shares at a face value of Rs 100 each.
After the IPO sale, the paid-up capital of the company will reach Rs 380 million 190 thousand. Himalayan Capital is the ipo sales manager of the company.
