Kalinchok Hydropower Limited is set to issue its initial public offering (IPO) to the general public starting from Chaitra 22, 2082. The company has already completed the first phase of share issuance and allotment to project-affected locals and Nepalis working abroad, and is now proceeding with the second phase for the general public.
In this phase, the company will issue 684,750 shares at a face value of NPR 100 per share. Investors can apply for a minimum of 10 shares and a maximum of 10,000 shares. The deadline for application has been set as Chaitra 25, 2082.
The issue and sales manager for this IPO is RBB Merchant Banking Limited. Interested investors can apply through C-ASBA member banks and financial institutions approved by the Securities Board of Nepal, as well as their designated branches. Additionally, applications can also be submitted online through the “Mero Share” system operated by CDS and Clearing Limited.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
