Kathmandu. Today is the perfect day to apply for the IPO of Shikhar Power Development. Today is the last day to apply for the IPO which is open to the general public from March 30.
The company has brought the IPO to the general public in the second phase after selling the IPO to the project-affected locals and Nepalis working abroad in the first phase.
The company will issue 1,11,000 units of shares to its employees and 1,842,600 units of shares at face value of Rs 100 each.
Applications can be place for minimum 10 units and maximum 10,000 units. The interested bidders can apply from the banks and financial institutions participating in the C-ASBA service and their designated branches as well as from CDSC’s Mero shares.
Global IME Capital has been appointed as the issue manager for the IPO issuance.
