Sanigad Hydro Limited's IPO; Deadline Extended for Project Affected Locals Till Baishakh 07

Summary

Sanigad Hydro Limited has extended the IPO deadline for project-affected locals in Bajhang District until Baishakh 07, 2083, offering shares in its Upper Kalanga Gad hydroelectric project.

Key Points
  • Sanigad Hydro Limited extended its IPO deadline for project-affected locals in Bajhang District until Baishakh 07, 2083.
  • The company’s issued capital is Rs. 2.85 Arba with 30% shares issued to the public.
  • 10% of the total IPO shares are allocated to project-affected locals in Bajhang District.
  • Sanima Capital Limited is the issue manager, and ICRA Nepal upgraded Sanigad Hydro Limited's issuer rating to BB-.
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