Taksar Pikhuwa Khola Hydropower Limited Closing 3,03,067 Units IPO Shares to Foreign Nepalese Immigrants From Today
Summary
Taksar Pikhuwa Khola Hydropower Limited is closing its IPO issue of 3,03,067 shares reserved for Nepalese citizens working abroad from today. The company has issued 42,30,668 shares in total with portions allocated to project-affected locals, mutual funds, employees, and the general public.
Key Points
- Taksar Pikhuwa Khola Hydropower Limited is closing the IPO issue for Nepalese citizens working abroad today, 1st Chaitra, 2082.
- The company has a total issued capital of Rs. 1.20 arba with 42,30,668 unit shares issued to the public.
- 10% of shares, 12,00,000 units, are allocated to project-affected locals in Bhojpur district.
- The IPO has been oversubscribed 3.59 times with 73,901 applicants applying for 10,88,830 units.
- Prabhu Capital Limited is the issue manager and CARE Ratings Nepal Limited reaffirmed the company's rating at CARE-NP BB+ (Is).
