Super Khudi Hydropower Limited Closing IPO Tomorrow, Oversubscribed Over 20 Times So Far
Summary
Super Khudi Hydropower Limited is closing its IPO for the general public on February 23, having been oversubscribed over 20 times so far.
Key Points
- Super Khudi Hydropower Limited is closing its IPO for the general public on February 23, with oversubscription exceeding 20 times as of February 22.
- The company floated 1,286,500 unit shares at a face value of Rs 100 per unit for the IPO.
- 20% of the company's issued capital worth Rs 1.55 billion has been issued to the public, with allocations also made to project-affected locals, Nepalese working abroad, employees, and mutual funds.
- Global IME Capital Limited is the issue manager and CARE Ratings Nepal Limited assigned a CARE-NP BB (Is) issuer rating to SKHL.
