IPO for General Public: Sanigad Hydro Limited Issue 46,74,000 Units IPO Shares from Today
Summary
Sanigad Hydro Limited has opened its IPO issuing 46,74,000 shares to the public at Rs. 100 face value, with allocations including locals, expatriates, employees, and mutual funds.
Key Points
- Sanigad Hydro Limited has issued 46,74,000 shares in an IPO at Rs. 100 per unit starting 18th Jestha, 2083.
- The IPO allocates shares to locals in Bajhang, Nepalese citizens working abroad, employees, mutual funds, and the general public.
- The company's issued capital totals Rs. 2.85 Arba, with 30% available to the public.
- ICRA Nepal upgraded Sanigad Hydro Limited's issuer rating to BB- from B+ indicating moderate financial risk.
