Him Parbat Hydropower Limited Issuing IPO Shares to Locals of Dolakha District And Nepalese Employed Abroad From Today
Summary
Him Parbat Hydropower Limited has opened its IPO for project-affected locals in Dolakha and Nepali citizens working abroad, offering a total of 21,12,500 shares. The issue is being managed by Citizens Capital Limited, while ICRA Nepal has upgraded the company’s issuer rating to BB+.
Key Points
- Him Parbat Hydropower Limited is issuing 16,90,000 IPO shares to project-affected locals in Dolakha and 4,22,500 shares to Nepali citizens working abroad.
- The IPO for locals runs from 11th Kartik to 25th Kartik, 2083, with possible extensions, while the foreign-employed Nepali quota opens from 11th Kartik to 16th Kartik, 2083.
- Citizens Capital Limited is the issue manager for the public offering.
- ICRA Nepal has upgraded Him Parbat Hydropower Limited’s issuer rating to BB+ from BB.
