The company will sell 1,030,500 units of 1,030,500 units to locals of Musikot municipality of Gulmi, Galkot municipality and Badigad municipality of Baglung and 291,950 units of shares of 2,919,500 units allotted to the general public. In the second phase, the company will issue 58,390 units of 2 percent to the employees, 5 percent to 145,975 units to the mutual investors and the remaining 2,423,185 units to the general public.
In this IPO, Nepalis in local and foreign employment can apply for a minimum of 10 units and a maximum of 50,000 units. Nepalis and locals in foreign employment can apply till July 30. If the IPO is not fully sold for the locals within this period, then the issuance period can be extended till July 15.
Nepalis in foreign employment can apply from c-ASWA service licensed banks and financial institutions and their designated branches as well as my share of CDSC. Locals can apply for the purchase from Global IME Bank’s Wami branch, Laxmi Sunrise Bank’s Galkot branch, Prabhu Bank’s Galkot branch, Darmkhola Powerhouse’s collection center.
Laxmi Sunrise Capital is the IPO sales manager of Darmkhola Hydro.
