Super Khudi Hydropower Limited has extended the application period for its IPO for local residents in the project-affected areas. The IPO, which initially opened on Poush 22, 2082 B.S., will now accept applications until Magh 21, 2082 B.S. The company has received approval from the Nepal Securities Board to issue 20% of its total capital of NPR 1.55 billion for sale, totaling NPR 31 crore through 31 lakh shares. Out of this, NPR 15.5 crore worth of 15.5 lakh shares has been specifically allocated for residents in the project-affected areas.
The distribution of shares among local residents has been clarified by the company. Forty percent of the allocated shares, or 6.2 lakh shares, will be offered to residents of Marsyangdi Rural MunicipalityтАУ2 and 3 in Lamjung. The remaining 60%, or 9.3 lakh shares, will be offered to residents of Marsyangdi Rural MunicipalityтАУ1, 4, 5, 6, 7, 8, and 9. Applicants can apply for a minimum of 10 shares and a maximum of 100,000 shares. The IPO issuance and sales are being managed by Global IME Capital, which will ensure that all applications comply with the rules for project-affected local residents.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
