Taksar Pikhuwa Khola Hydropower has opened its IPO from Falgun 27, initially targeting project-affected local residents and Nepalis working abroad.
Taksar Pikhuwa Khola Hydropower has opened the sale of its Initial Public Offering (IPO) starting Falgun 27. In the first phase, the company has issued shares to project-affected local residents and Nepalis working in foreign employment.
Out of the total allocation, 1.2 million shares have been reserved for local residents of Bhojpur district affected by the project. Additionally, 303,067 shares, representing 10% of the total shares allocated for the general public, have been reserved for Nepalis working abroad.
Applicants from both groups can apply for a minimum of 10 shares and a maximum of 50,000 shares.
Local residents will be able to apply from Falgun 27 until Chaitra 11 at the earliest and Chaitra 26 at the latest. Meanwhile, Nepalis working abroad can submit applications from Falgun 27 until Chaitra 1 at the earliest and Chaitra 11 within banking hours at the latest.
Nepalis working abroad can apply through the C-ASBA system via approved banks and financial institutions as well as through CDSC’s Mero Share platform. Residents of Bhojpur district can submit applications through Prabhu Bank’s Bhojpur, Pyauli, and Hatuwagadhi branches, Citizens Bank International’s Bhojpur branch, and Prabhu Capital Limited.
The issue and sales manager for the IPO is Prabhu Capital Limited.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
