IPO for General Public: Shikhar Power Development Limited to Issue 18,42,600 Units IPO Shares from Falgun 17
Summary
Shikhar Power Development Limited will issue 18,42,600 IPO shares to the general public from 17th Falgun, with project-affected locals and various reserved categories included in the share allocation.
Key Points
- Shikhar Power Development Limited is issuing 18,42,600 units of IPO shares to the general public starting 17th Falgun 2082.
- The company has an issued capital of Rs. 98 Crores with shares reserved for project-affected locals, Nepalese working abroad, company employees, and mutual funds.
- Global IME Capital Limited is the issue manager for the IPO.
- ICRA Nepal Limited upgraded Shikhar Power Development Limited's issuer rating from BB- to BB, indicating moderate financial risk.
