IPO for General Public: Sanigad Hydro Limited to Issue 46,74,000 Units IPO Shares from Jestha 14

Summary

Sanigad Hydro Limited is issuing 46,74,000 IPO shares to the general public starting 14th Jestha 2083, with allocations for locals, Nepali abroad, employees, and mutual funds.

Key Points
  • Sanigad Hydro Limited will open its IPO to the general public on 14th Jestha 2083.
  • The company is issuing 46,74,000 unit shares at Rs. 100 per unit.
  • 10% of shares were allotted to project-affected locals in Bajhang District.
  • ICRA Nepal upgraded Sanigad Hydro Limited's issuer rating to BB- from B+.
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