IPO for General Public: Kalinchowk Hydropower Limited to Issue 6,84,750 Units IPO Shares from Chaitra 22
Summary
Kalinchowk Hydropower Limited is issuing 6,84,750 IPO shares to the general public starting from 22nd Chaitra 2082, with extensions if subscription targets are not met.
Key Points
- Kalinchowk Hydropower Limited will open its IPO for 6,84,750 units to the general public on 22nd Chaitra 2082.
- The total issued capital of the company is Rs. 55 crores, with 25% issued to the public.
- 10% of shares worth Rs. 5.50 crores are allocated to project-affected locals of the Dolakha district.
- RBB Merchant Banking Limited is appointed as the issue manager, and CARE Ratings Nepal Limited reaffirmed the issuer rating as ‘CARE-NP BB (Is)’.
