IPO for General Public: Suryakunda Hydro Electric Limited to Issue 5,72,431 Units IPO Shares from Magh 18

Summary

Suryakunda Hydro Electric Limited will open its IPO for the general public on Magh 18, 2082, issuing 572,431 units. The company runs an 11 MW hydropower project in Nuwakot district under the BOOT model.

Key Points
  • Suryakunda Hydro Electric Limited will open its IPO to the public on Magh 18, 2082, issuing 572,431 units.
  • The company operates an 11 MW Upper Tadi Khola Hydropower Project in Nuwakot district, Bagmati Province.
  • The IPO issue manager is Kumari Capital Limited, with a minimum application of 10 units and maximum 50,000 units.
  • CARE Ratings Nepal Limited has reaffirmed moderate issuer and bank facility ratings for the company.
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