First Business News Portal in English from Nepal
KATHMANDU: Upper Hewakhola Hydropower Company Limited (UHKHPC) is issuing 15,00,000 units of Rs 100 face value of total worth Rs. 15 crore as Initial Public Offering to the general public from today i.e. (Ashad 24, 2079). The early closing date of this issue is on Ashad 28 and if the issue is not fully subscribed then it can be extended up to Shrawan 6, 2079.
Out of the offered 15,00,000 units; 2% of the total offered shares to the general public i.e. 30,000 units have been set aside for the employees of the company and 5% of the total offered shares to the general public i.e. 75,000 units have been set aside for the mutual funds. The remaining 13,95,000 units are for the general public.
Applications can be placed for a minimum of 10 units and a maximum of 1,00,000 units.
NMB Capital Limited has been appointed as the issue manager for the IPO issuance.
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