Kalinchock Hydropower to Issue IPO from Chaitra 22; In Depth Analysis of Company Performance
Summary
Kalinchock Hydropower Limited is issuing an IPO starting Chaitra 22, offering 13,75,000 shares to raise Rs. 13.75 Crores for their 5 MW hydropower project in Dolakha. The company shows a moderate risk rating but projects steady long-term earnings growth from the Sangu Khola Hydroelectric Project.
Key Points
- Kalinchock Hydropower Limited is issuing an IPO of 13,75,000 shares starting from Chaitra 22, 2082.
- The company is developing a 5 MW Run-of-River hydroelectric project in Dolakha District under the BOOT model with a PPA with Nepal Electricity Authority.
- The IPO issue size is Rs. 13.75 Crores, representing 25% of the total paid-up capital of Rs. 55 Crores.
- Financial projections show an EPS dip in the first full year of operation but a strong recovery with significant earnings growth projected over the next years.
