Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Nyadi Hydropower Limited IPO has opened for general public from Ashwin 15 to Ashwin 19, 2078. A total of 22,50,000 units shares, 2% (45000 units) of the total offered shares separated to its employees and 5% (1,12,500 units) have been separated for the mutual funds. The remaining 20,92,500 units has separated for the general public.
If Nyadi Hydropower Limited IPO’s early closing date is on Ashwin 19, 2078 and if it is not fully subscribed till Ashwin 19, then it will be extended up to Ashwin 31, 2078. Applicants can be applied for a minimum of 10 units to a maximum of 50,000 units shares in this IPO.
Global IME Capital Limitedof Nyadi Hydropower Limited IPO is the issue manager and NMB Capital Limited is the co-issue manager who secured the IPO. The Nyadi Hydropower company Limited has 1,50,00,000 registered shares. Out of which 40,50,000 shares has issued to the public and employees. The company’s paid-up capital is 27%.
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