Super Khudi Hydropower Limited Closing IPO Today, Oversubscribed Over 21 Times So Far
Summary
Super Khudi Hydropower Limited is closing its IPO today, having been oversubscribed over 21 times with applications exceeding 24 lakh units for 26 MW hydropower project shares.
Key Points
- Super Khudi Hydropower Limited is closing its IPO for the general public on February 23.
- The IPO is oversubscribed by over 21 times with more than 24,62,115 applicants as of February 22.
- The company issued 20% of its capital worth Rs 1.55 arba to the public, including allocations for project-affected locals and Nepalese abroad.
- Global IME Capital Limited is the issue manager and CARE Ratings Nepal Limited assigned a moderate issuer rating to the company.
