Suryakund Hydro Electric Limited has announced that today, Poush 23, 2082 (Wednesday), is the final day for project-affected locals to submit applications for its IPO. The company had opened the IPO for residents of Dupcheshwar Rural Municipality, Nuwakot district, starting from Poush 9, 2082.
A total of 689,675 shares have been allocated for local residents under this issuance. Applicants can apply for a minimum of 10 shares and a maximum of 50,000 shares. Kumari Capital Limited is managing the IPO issuance and sales.
Earlier, the company had completed the allocation of shares issued for Nepali citizens working abroad. Following the allocation for local residents, Suryakund Hydro Electric plans to issue the IPO for the general public. The Nepal Securities Board had approved the IPO issuance on Mangsir 25, 2082.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
