Kathmandu. Super Khudi Hydropower Limited is issuing IPO from February 15. After the IPO allotment for the local residents of the project-affected area and the Nepalese employed abroad, the company is going to issue the IPO to the general public investors. <\/p>\n
The company was allowed to issue 20% of the issued capital of Rs 1.55 billion i.e. 3.1 million units of shares. Out of the total offered shares, 15,50,000 units have been set aside for the locals of the project affected area and 1,55,000 units for the Nepalese working abroad. Similarly, the company has already allotted 77,500 units of shares to mutual funds. <\/p>\n
In the second phase, the company will issue 12,86,500 units of ordinary shares worth Rs 100 per share worth Rs 12,86,50,000 after allotting 31,000 units to its employees. <\/p>\n
Applications can be place for minimum 10 units and maximum 1,000,000 units. The last date to apply for the IPO is February 25 and February 20 at the latest. <\/p>\n
Care Ratings Nepal has assigned CareNP Double B Issuer rating to the company. This indicates that there is a moderate risk to the company’s ability to meet its obligations. <\/p>\n
Global IME Capital Limited has been appointed as the issue manager for the IPO issuance. The interested investors can apply for the ASBA service from the banks and financial institutions participating in the ASBA system after taking permission from the Securities Board of Nepal (SEBON).<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Super Khudi Hydropower Limited is issuing IPO from February 15. After the IPO allotment for the local residents of the project-affected area and the Nepalese employed abroad, the company is going to issue the IPO to the general public investors. The company was allowed to issue 20% of the issued capital of Rs 1.55 […]<\/p>\n","protected":false},"author":9,"featured_media":199766,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45212,45159],"tags":[],"class_list":["post-287707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hydropower-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/287707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=287707"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/287707\/revisions"}],"predecessor-version":[{"id":287708,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/287707\/revisions\/287708"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/199766"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=287707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=287707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=287707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}