Dudhpokhari Chepe Hydropower Limited and United Energy Limited have submitted applications to the Securities Board of Nepal (SEBON) seeking approval to issue their IPOs.
Although Dudhpokhari Chepe Hydropower Limited submitted its application on Magh 20, 2083 B.S., the board recently published the details on its website. The company has requested approval to issue 2,020,000 shares at a face value of NPR 100 per share, totaling NPR 20.20 crore. Muktinath Capital Limited has been appointed as the IPO issuance and sales manager.
Similarly, United Energy Limited submitted its application to SEBON on Falgun 5, 2083 B.S. The company plans to issue 4,160,000 shares at a face value of NPR 100 per share, raising NPR 41.60 crore. Laxmi Sunrise Capital Limited has been appointed as the IPO issuance and sales manager for this company.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
