IPO Issue of Snow Rivers Limited Closing Today; Oversubscribed 31.66 Times So Far
Summary
Snow Rivers Limited's IPO of 7,78,125 shares closes today after being oversubscribed 31.66 times. The company operates the 13.5 MW Super Kabeli Khola-A Hydropower Project in Taplejung, Nepal.
Key Points
- Snow Rivers Limited is closing its IPO issue of 7,78,125 shares today.
- The IPO has been oversubscribed 31.66 times with 2,270,780 applicants applying for 24,643,020 units.
- The company runs the 13.5 MW Super Kabeli Khola-A Hydropower Project in Taplejung, Province 1, Nepal.
- ICRA Nepal upgraded Snow Rivers Limited's issuer rating to BB+ from BB-.
