Jalshakti Hydro to Issue 1 Crore Units IPO for 23.675 MW Project
Summary
Jalshakti Hydro Company Limited plans to issue 1 crore shares at Rs. 100 each to raise Rs. 1 Arba for its 23.675 MW hydropower project in Dhading. Shares will be available to local residents, Nepali workers abroad, employees, mutual funds, and the public.
Key Points
- Jalshakti Hydro Company Limited is developing a 23.675 MW hydropower project in Dhading.
- The company plans to issue 1 crore units of shares at Rs. 100 per share totaling Rs. 1 Arba.
- Shares will be offered to project-affected area residents, Nepali workers abroad, employees, mutual funds, and the general public.
- Sanima Capital Limited is appointed as the issue and sales manager, with CEO Bikas Khanal and Chairman Dr. Bhogendra Kumar Guragain signing the agreement.
