IPO for General Public: Suryakunda Hydro Electric Limited Company Issue 5,72,431 Units IPO Shares from Today
Summary
Suryakunda Hydro Electric Limited has opened its IPO for the general public, issuing 572,431 shares at Rs. 100 each, with Kumari Capital Limited as the issue manager.
Key Points
- Suryakunda Hydro Electric Limited has officially started its IPO for the general public from 18th Magh, 2082.
- The company is issuing 572,431 shares at a par value of Rs. 100 per share during the general public offering.
- 20% of the company's total shares (13,79,350 units) will be issued to the public, including allocations to locals and Nepalese citizens abroad.
- CARE Ratings Nepal Limited reaffirmed the issuer rating of ‘CARE-NP BB- (Is)’ indicating moderate financial risk.
- Kumari Capital Limited has been appointed as the issue manager overseeing the IPO process.
