Sanigad Hydro Limited Issuing IPO Shares to Locals of Bajhang District And Nepalese Employed Abroad From Chaitra 08
Summary
Sanigad Hydro Limited is issuing IPO shares to locals of Bajhang District and Nepalese employed abroad starting from Chaitra 08, offering a total of 85,50,000 unit shares.
Key Points
- Sanigad Hydro Limited is offering an IPO to project-affected locals of Bajhang District and Nepalese citizens working abroad.
- The IPO opens from 8th Chaitra to 22nd Chaitra 2082 for locals, with possible extensions if undersubscribed.
- 30% of the company's issued capital (85,50,000 unit shares) will be issued to the public.
- Sanima Capital Limited is appointed as the issue manager; ICRA Nepal upgraded the issuer rating to BB-.
