IPO for General Public: Appolo Hydropower Limited to Issue 7,80,200 Units IPO Shares from Chaitra 26
Summary
Appolo Hydropower Limited will issue 7,80,200 IPO shares to the general public starting 26th Chaitra 2082, with allocations for project-affected locals, Nepalese abroad, employees, and mutual funds.
Key Points
- Appolo Hydropower Limited is issuing 7,80,200 units of IPO shares to the general public starting 26th Chaitra, 2082.
- The issued capital of the company is Rs. 47 crores with 30% of shares allocated to the public.
- 10% of shares are allocated to project-affected locals in Okhaldhunga, Solukhumbhu, and Ramechhap districts.
- CARE Ratings Nepal Limited reaffirmed the company’s moderate risk rating as 'CARE-NP BB- (Is)'.
