Kathmandu. Today, May 14, is the last day for the project-affected locals to apply for the IPO of Mount Everest Power Development. <\/p>\n
Mount Everest Power Development Company Limited (MPL) has issued IPO in the first phase from April 2 for the project-affected locals and Nepalis who are in foreign employment. Locals affected by the project can apply till the banking hours today. The IPO was open for Nepalis working abroad till May 7. <\/p>\n
The company has been allowed to issue 25,80,000 units of shares worth Rs 25.80 crore i.e. 30% of the issued capital of Rs 86 crore. Out of the offered, 8,60,000 units of shares worth Rs 86 million each have been issued for the locals of the project-affected areas. <\/p>\n
A total of 344,000 units have been set aside for the locals of ward no 1 and 2 of Solududhkunda municipality and the remaining 516,000 units have been set aside for the locals of ward no 1 and 2 of the affected area. <\/p>\n
Applications can be place for minimum 10 units and maximum 10,000 units. <\/p>\n
The interested bidders can apply for the shares from Machhapuchchhre Bank, Nepal Bank, Prabhu Bank, NMB Bank and Salleri branch. <\/p>\n
Nepalis who are in foreign employment can apply for the C-ASBA service from the banks and financial institutions and their designated branch offices and CDSC’s ‘My Share’. <\/p>\n
NIMBS Capital Limited has been appointed as the issue manager for the IPO issuance of Mount Everest Power.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Today, May 14, is the last day for the project-affected locals to apply for the IPO of Mount Everest Power Development. Mount Everest Power Development Company Limited (MPL) has issued IPO in the first phase from April 2 for the project-affected locals and Nepalis who are in foreign employment. Locals affected by the project […]<\/p>\n","protected":false},"author":16,"featured_media":233412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45212,45159,45180],"tags":[],"class_list":["post-299218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hydropower-en","category-news-en","category-stockmarket-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/299218","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\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=299218"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/299218\/revisions"}],"predecessor-version":[{"id":299219,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/299218\/revisions\/299219"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/233412"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=299218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=299218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=299218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}