Snow Rivers Limited Closing 93,750 Units IPO for Foreign Nepalese Immigrants Today
Summary
Snow Rivers Limited is closing its IPO for foreign Nepalese immigrants today, with shares oversubscribed 11.27 times. The company operates the 13.5 MW Super Kabeli Khola-A Hydropower Project in Taplejung, Nepal.
Key Points
- Snow Rivers Limited is closing the IPO issue for foreign Nepalese immigrants today, 12th Chaitra, 2082.
- The IPO has been oversubscribed 11.27 times with 83,324 applicants applying for 10,56,670 units.
- The company operates the 13.5 MW Super Kabeli Khola-A Hydropower Project in Taplejung district, Province 1, Nepal.
- ICRA Nepal upgraded Snow Rivers Limited's issuer rating to BB+ from BB-.
