IPO for General Public: Kalanga Hydro Limited Issue 28,70,000 Units IPO Shares from Today
Summary
Kalanga Hydro Limited opened its IPO issuing 28,70,000 shares to the general public at Rs. 100 per unit, with shares also allocated to locals, mutual funds, employees, and Nepalese abroad. Sanima Capital Limited manages the issue. The project is a 15.33 MW hydroelectric plant in Bajhang, Nepal.
Key Points
- Kalanga Hydro Limited opened its IPO to issue 28,70,000 shares at Rs. 100 per unit to the general public.
- The company's issued capital is Rs. 1.40 Arba, with 35% allotted to the public including locals and Nepalese working abroad.
- Sanima Capital Limited is appointed as the issue manager for the IPO.
- Kalanga Hydro Limited runs a 15.33 MW run-of-river hydroelectric project in Bajhang under the BOOT mechanism.
