Taksar Pikhuwa Khola Hydropwer Limited Issuing IPO Shares to Locals of Bhojpur District And Nepalese Employed Abroad From Falgun 27

Summary

Taksar Pikhuwa Khola Hydropower Limited is issuing an IPO targeting project-affected locals of Bhojpur district and Nepalese working abroad to raise capital for their 8 MW hydropower project.

Key Points
  • Taksar Pikhuwa Khola Hydropower Limited is issuing an IPO to locals of Bhojpur district and Nepalese working abroad starting Falgun 27, 2082.
  • The company has an issued capital of Rs. 1.20 arba and is offering 35.26% of shares to the public.
  • 10% of the IPO shares are allocated to project-affected locals of Bhojpur district and 10% to Nepalese citizens working abroad.
  • Prabhu Capital Limited is the issue manager and CARE Ratings Nepal Limited reaffirmed the issuer rating CARE-NP BB+ for the company.
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