Nyadi Hydropower Limited is going to issue IPO

 

Nyadi Hydropower Limited is going to issue IPO to the public from Ashwin 15. The company is about to issue an IPO worth 22 Karod 50 lakh. Accordingly, the company will issue 2.25 million ordinary shares with a face value of Rs 100 per share. Out of the total shares to be issued, 2 percent or 45,000 shares have been allotted for employees and 5 percent or 112,500 shares have been allotted for mutual funds. The general public will be able to apply for the remaining 2 million 92 thousand 500 lots.  

The general public can apply for the shares till 19 Ashwin. If full application is not received within that period, the application date will be extended till 31^st Ashwin. You will have to apply for a minimum of 10 kitta shares and a maximum of 50,000 shares. 

The issue and sale manager of the company is Global IME Capital Limited. The general public can apply from all C-ASBA member banks and financial institutions and their branch offices approved by the Nepal Securities Board.