IPO of Mailung Khola is to come
KATHMANDU: JULY 21 – Mailung Khola Hydropower Company Limited is going to issue IPO to the public from July 29.
The company is going to issue and sell 736,286 ordinary shares (IPO) to the public at a face value of Rs 100 per share, equivalent to Rs 73,628,600.
Out of the total shares to be issued, 2 per cent, i.e. 14,726 shares have been allocated for employees and 36,814 shares for collective investment funds. The public will be able to apply for the remaining 684,746 shares.
Applications for the IPO of the company will have to be submitted from 29 July to early 2 August and late 12 August.
Applications can be submitted for a minimum of 10 lots and a maximum of 100,000 lots in the company’s IPO. The company’s IPO issuance and sales manager is Siddhartha Capital.
