Suryakunda Hydro Electric Limited Opens IPO for Project-Affected Locals and Foreign Nepalese Immigrants From Today
Summary
Suryakunda Hydro Electric Limited has opened an IPO for 6,89,675 shares to project-affected locals of Nuwakot District and 68,967 shares for foreign Nepalese immigrants starting 9th Poush, 2082.
Key Points
- Suryakunda Hydro Electric Limited launched an IPO issuing 6,89,675 shares specifically for project-affected locals of Nuwakot District.
- 68,967 IPO shares are allocated for Nepalese citizens working abroad, with applications open from 9th Poush, 2082.
- The company’s issued capital stands at Rs. 68.96 Crores, with 20% allocated to the public.
- Kumari Capital Limited manages the IPO, and CARE Ratings Nepal Limited reaffirmed SKHEL’s moderate risk credit rating (CARE-NP BB-).
