Garima Capital to Underwrite Rs 10.75 Crore IPO of Sabha Pokhari Hydropower
Summary
Garima Capital Limited has signed an underwriting agreement for Sabha Pokhari Hydropower Limited’s upcoming Rs 10.75 crore IPO of 10.75 lakh shares. The 5 MW Sankhuwa Khola Small Hydropower Project in Sankhuwasabha was completed in January 2025 and has been connected to the national grid.
Key Points
- Garima Capital Limited will underwrite Sabha Pokhari Hydropower Limited’s IPO of 10.75 lakh ordinary shares at Rs 100 each.
- The total issue size is Rs 10.75 crore.
- The agreement was signed by Garima Capital Acting CEO Ashok Subedi and Sabha Pokhari Hydropower Managing Director ShreeRam Devkota at Garima Capital’s head office in Kamalpokhari.
- Sabha Pokhari Hydropower operates the 5 MW Sankhuwa Khola Small Hydropower Project in Sabha Pokhari Rural Municipality-3, Sankhuwasabha, which was completed in January 2025 and linked to the national grid.