Taksar Pikhuwa Khola Hydropower Opens IPO for Project-Affected Locals and Foreign Nepalese Immigrants From Today

Summary

Taksar Pikhuwa Khola Hydropower Limited has launched an IPO issuing shares to project-affected locals of Bhojpur and Nepalese abroad, with allocations for various public groups.

Key Points
  • Taksar Pikhuwa Khola Hydropower Limited has started its IPO issuing 12,00,000 shares to project-affected locals in Bhojpur district.
  • 3,03,067 shares are allocated for Nepalese citizens working abroad, with specific application windows and possible extensions.
  • The company's issued capital totals Rs. 1.20 arba with 35.26% shares issued to the public.
  • Prabhu Capital Limited is the issue manager and CARE Ratings Nepal Limited assigned a moderate risk rating 'CARE-NP BB+ (Is)' to the company.
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