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Mathillo Mailung Khola Hydropower Opens IPO for General Public

Mathillo Mailung Khola Hydropower Opens IPO for General Public

The IPO of Mathillo Mailung Khola Hydropower has been opened for sale. The company has opened the IPO for the general public on Ashoj 18.

In the first phase, the company has issued IPOs for the local residents of the affected area and Nepalis working in foreign employment. Hydropower has sold 9,200 additional shares to the local residents of the affected area, bringing the total number of shares for the general public to 1,284,200.

Investors can apply for a minimum of 10 shares and a maximum of 10,000 shares. Similarly, if applications are made until Ashoj 22, the company has announced that all shares will not be sold, and applications can be made until Kartik 2. C-ASWA Bank and Financial Institution and My Shareholders can apply for shares through my shares.

 A capital sales manager is appointed for the sale of shares in this IPO. Care Nepal has provided a Care NP issuer rating and a double B rating for this company’s IPO, indicating the average risk capacity to fulfill the company’s financial obligations.

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