IPO Issuance of Apollo Hydropower For Locals and Migrant Workers From Today; In-Depth Analysis of Company Performance
Summary
Appolo Hydropower Limited has launched an IPO aimed at local residents of Okhaldhunga and Nepali migrant workers. The company is developing the 6 MW Buku Khola Hydropower Project with stable pre-operation profitability amid rising construction assets and heavy reliance on bank loans.
Key Points
- Appolo Hydropower Limited is issuing an IPO targeting local residents and Nepali citizens employed abroad.
- The company is developing the 6 MW Buku Khola run-of-river hydropower plant in Okhaldhunga District under a BOOT model.
- The IPO aims to raise NPR 141 million through 1.41 million ordinary shares at NPR 100 face value per share.
- Financially, the company shows stable pre-operation profits, rising assets due to construction, and high dependency on bank loans, reflecting typical risk before power generation begins.
