IPO Proposal of Super Khudi Hydropower Approved by SEBON
Summary
Super Khudi Hydropower Limited has received SEBON approval for its IPO to issue 3.1 million shares at Rs. 100 each, with CARE Ratings reaffirming the company's ratings.
Key Points
- The Securities Board of Nepal (SEBON) approved the IPO proposal of Super Khudi Hydropower Limited on Poush 06, 2082.
- Super Khudi Hydropower Limited will issue 31,00,000 shares to the general public at a par value of Rs. 100 per unit.
- Global IME Capital Limited has been appointed as the issue manager for the IPO.
- CARE Ratings Nepal Limited reaffirmed the issuer rating CARE-NP BB (Is) and assigned ratings for both long-term and short-term bank facilities of Super Khudi Hydropower Limited.
