IPO Issue of Yambaling Hydropower Limited Closing Today; Oversubscribed 16.28 Times So Far
Summary
Yambaling Hydropower Limited's IPO issue for 1,743,000 shares closes today, with the issue oversubscribed 16.28 times so far.
Key Points
- Yambaling Hydropower Limited is closing its public issue of 1,743,000 IPO shares today.
- The IPO issue was oversubscribed 16.28 times with over 2.83 crore units applied for by 25.42 lakh applicants.
- CARE Ratings Nepal Limited has rated Yambaling Hydropower Limited with CARE-NP BB- (Is), indicating moderate financial risk.
- Yambaling Hydropower operates a 7.27 MW run-of-river hydropower project in Sindhupalchowk, Nepal, started commercial operations in February 2024.
