Snow Rivers Limited Opens IPO for Project-Affected Locals and Foreign Nepalese Immigrants From Today
Summary
Snow Rivers Limited has opened its IPO offering shares to project-affected locals in Taplejung and Panchthar districts and Nepalese citizens working abroad, with shares allocated specifically for each group.
Key Points
- Snow Rivers Limited opened its IPO on 9th Chaitra 2082, offering shares to project-affected locals and Nepalese abroad.
- The IPO offers 9,37,500 shares to locals of Taplejung and Panchthar and 93,750 shares to Nepalese citizens working abroad.
- The company operates the 13.5 MW Super Kabeli Khola-A Hydropower Project in Taplejung District.
- Sanima Capital Limited is the issue manager and ICRA Nepal has upgraded the issuer rating to BB+.
