IPO Proposal of Beni Hydropower Project Approved By SEBON
Summary
The Securities Board of Nepal (SEBON) has approved the IPO proposal of Beni Hydropower Project Limited, which plans to issue 20.80 lakh shares at Rs. 100 each to the public. The company is developing an 18 MW run-of-river hydropower project in Solukhumbu district.
Key Points
- The Securities Board of Nepal (SEBON) approved the IPO proposal of Beni Hydropower Project Limited on Magh 29, 2082.
- Beni Hydropower Project Limited will issue 20.80 lakh shares to the general public at Rs. 100 per unit.
- NMB Capital Limited has been appointed as the issue manager for the public offering.
- Beni Hydropower is developing the 18 MW Upper Solu Khola Hydropower Project located in Solukhumbu district, currently under construction.
