Apollo Hydropower Limited will launch its initial public offering (IPO) for the general public starting Chaitra 26, 2082. The company plans to issue 780,200 ordinary shares, totaling NPR 78,020,000, at a face value of NPR 100 per share.
Investors can apply for a minimum of 10 shares and a maximum of 94,000 shares. The IPO will remain open for applications at the earliest until Chaitra 30 and at the latest until Baisakh 10, 2083.
Care Ratings Nepal has assigned the company a ‘CARE NP Double B Minus’ issuer rating, indicating a moderate level of risk in terms of the company’s financial obligation capacity.
Himalayan Capital Limited has been appointed as the issue and sales manager for this IPO. Investors can submit their applications through the C-ASBA system via banks and financial institutions approved by the Nepal Securities Board (SEBON). Additionally, online applications can be made through the ‘Mero Share’ platform operated by CDS & Clearing Limited.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
