Himal Dolkha Hydropower IPO remain undersubscribed; now IPO issue opens for CEO, Promoters, Directors and their family members from today

Sun, Aug 11, 2019 7:16 AM on IPO/FPO News, Latest, Stock Market,
Himal Dolk...

The initial public offerig (IPO) of Himal Dolkha Hydropower Limited has now opened for the Promoter, Directors, their family members, CEO, Auditors and Company secretary after the IPO issue goes under subscribed by general public till the last day.

The issue will start from today i.e. Shrawan 26, 2076 till Shrawan 28, 2076.

Himal Dolkha Hydropower Company Limited has issued 76,72,210 units IPO shares to the general public from Ashadh 25 - Shrawan 24, 2076. Out of the offered 76,72,210 units; 1,53,444 units have been reserved for the employees of the company and 25,000 units have been allotted to mutual funds. The remaining 74,93,766 units are for the general public. This IPO issue remain under subscribed till last day.

The applications can be placed through any of the financial institutions providing C-ASBA facility. Global IME Capital has been appointed as the issue manager for the FPO issuance.