Kalanga Hydro Limited Closing IPO Shares to Project-Affected Locals of Bajhang From Today
Summary
Kalanga Hydro Limited is closing the IPO shares allocation for project-affected locals of Bajhang District on 24th Chaitra 2082, issuing a total of 14 lakh shares worth Rs. 14 Crores to them as part of a 1.40 Arba capital.
Key Points
- Kalanga Hydro Limited is closing its IPO share issuance to project-affected locals of Bajhang District today, 24th Chaitra 2082.
- The company’s total issued capital is Rs. 1.40 Arba, with 35% allocated to public issuance.
- 14 lakh unit shares worth Rs. 14 Crores, 10% of issued capital, are reserved for project-affected locals in Bajhang District.
- CARE Ratings Nepal Limited upgraded Kalanga Hydro Limited's issuer rating to ‘CARE-NP BB (Is)’ indicating moderate risk.
