IPO for General Public: Mount Everest Power Development Limited To Issue 14,27,600 Units IPO Shares from Today
Summary
Mount Everest Power Development Limited has opened its IPO of 14,27,600 shares to the general public with involvement from project-affected locals and Nepalese working abroad.
Key Points
- Mount Everest Power Development Limited has launched an IPO issuing 14,27,600 shares at Rs. 100 face value.
- The IPO includes shares allocated to project-affected locals, general public, employees, and mutual funds.
- NIMB Ace Capital Limited is the issue manager appointed for this public offering.
- CARE Ratings Nepal Limited reaffirmed the company’s credit ratings indicating moderate risk.
