Super Khudi Hydropower Limited Closing 1,55,000 Units IPO Shares to Foreign Nepalese Immigrants From Today
Summary
Super Khudi Hydropower Limited closes the IPO issue for 1,55,000 shares reserved for Nepalese citizens working abroad, amid an oversubscription of 6.67 times. The project is a 26 MW run-of-river hydropower plant in Lamjung District.
Key Points
- Super Khudi Hydropower Limited is closing the IPO issue for 1,55,000 shares allocated to Nepalese citizens working abroad from 25th Poush, 2082.
- The company has an issued capital of Rs. 1.55 Arba, with 20% (31,00,000 shares) issued to the public.
- 10% of the IPO shares are reserved for project-affected locals in Lamjung, and the remaining 10% will be offered later to the general public.
- The IPO has been oversubscribed 6.67 times with 69,857 applicants applying for 10,34,390 units.
