IPO for General Public: Yambaling Hydropower Limited to Issue 17,43,000 Units IPO Shares from Baishakh 16
Summary
Yambaling Hydropower Limited is issuing 1,743,000 IPO shares starting from 16th Baishakh 2083, offering units to the general public, employees, mutual funds, and Nepalese abroad, with operations in Sindhupalchok.
Key Points
- Yambaling Hydropower Limited will open an IPO for 1,743,000 shares starting 16th Baishakh 2083.
- The company operates a 7.27 MW run-of-river hydropower project in Sindhupalchok, Nepal.
- CARE Ratings Nepal Limited reaffirmed a moderate issuer rating of CARE-NP BB- (Is) for the company.
- Muktinath Capital Limited is the issue manager for the IPO with application limits from 10 to 21,000 units.
