Daramkhola Hydro Energy Limited’s IPO subscription closes on Shrawan 19; shares available at Rs. 100 each.
Daramkhola Hydro Energy Limited has opened its Initial Public Offering (IPO) for the general public, with the last date to apply set for Shrawan 19. The company issued 2,423,185 ordinary shares at a face value of Rs. 100 per share starting from Shrawan 15.
Previously, shares allocated to project-affected locals and Nepali migrant workers have already been distributed. Out of the total shares representing 38.33% of the company’s issued capital (3,950,000 shares), 58,390 shares are reserved for employees, and 145,975 shares are set aside for collective investment funds. The remaining shares are open for public subscription.
Investors can apply for a minimum of 10 shares and up to a maximum of 50,000 shares. The IPO sale is being managed by Laxmi Sunrise Capital Limited.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
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