IPO Proposal of Kalinchock Hydropower And Appolo Hydropower Limited Approved by SEBON
Summary
SEBON has approved the IPO proposals of Kalinchock Hydropower Limited and Appolo Hydropower Limited, allowing them to issue shares to the public to develop hydropower projects in Dolakha and Okhaldhunga districts.
Key Points
- SEBON approved the IPO proposal of Kalinchock Hydropower Limited for issuing 1,375,000 shares at Rs. 100 each.
- Kalinchock Hydropower is developing a 5 MW run-of-river project in Dolakha under the BOOT model.
- Appolo Hydropower Limited's IPO was also approved for 1,410,000 shares at Rs. 100 each.
- Appolo is developing a 6 MW run-of-river project in Okhaldhunga under BOOT framework.
