Salmanidevi Hydropower Limited has appointed Laxmi Sunrise Capital Limited as the issue and sales manager for its upcoming IPO.
Salmanidevi Hydropower Limited has appointed Laxmi Sunrise Capital Limited as the issue and sales manager for its Initial Public Offering (IPO). The company plans to issue a total of 17 lakh shares at a face value of NPR 100 per share, with 8.5 lakh units allocated to project-affected locals and 8.5 lakh units to the general public.
The agreement was signed between Vijay Lal Shrestha, Chief Executive Officer of Laxmi Sunrise Capital Limited, and Paresh Dahal, Director of Salmanidevi Hydropower Limited.
Salmanidevi Hydropower is currently operating the 3.33 MW Kapadigad Hydropower Project located in Doti district, which has been in commercial operation since 2076 B.S.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
