IPO Issue of Super Khudi Hydropower Limited Closing Today; Oversubscribed 21.34 Times So Far
Summary
Super Khudi Hydropower Limited is closing its IPO issue today, which has been oversubscribed by 21.34 times. The company is offering 12,86,500 shares to the general public.
Key Points
- Super Khudi Hydropower Limited is closing its IPO issue of 12,86,500 shares today.
- The IPO has been oversubscribed 21.34 times with 24,62,115 applicants applying for 2,74,56,870 shares.
- The company has issued shares under various quotas including locals, Nepalese abroad, employees, and mutual funds.
- CARE Ratings Nepal Limited reaffirmed the moderate risk issuer rating and the ratings for both long-term and short-term bank facilities.
