Yambaling Hydropower Limited Closing IPO Shares to Project-Affected Locals of Sindhupalchowk From Today
Summary
Yambaling Hydropower Limited is closing its IPO shares for project-affected locals of Sindhupalchowk today, allocating 7,00,000 units exclusively to them. The company operates a 7.27 MW hydropower project launched in 2024.
Key Points
- Yambaling Hydropower Limited is closing the issue of 7,00,000 IPO shares for project-affected locals of Sindhupalchowk District today.
- The company has a total issued capital of Rs. 70 Crores, with 40% of shares allocated to the public, including specific shares reserved for locals and Nepalese working abroad.
- Muktinath Capital Limited is the issue manager for the public offering.
- Yambaling Hydropower Limited operates a 7.27 MW run-of-river project in Sindhupalchowk, started commercial operations in February 2024 under a BOOT arrangement.
