Khanikhola Hydropower Company Limited is floating 4,65,714 unit shares as part of its initial public offering (IPO) at face value of Rs 100, for the locals of Lalitpur district (Bhatedada, Ikudol and Sankhu VDC project affected area).
Publishing a notice today, it stated that the IPO applications would be open from Mangsir 9 and close on Mangsir 23. The maximum closing date for the offer is Poush 14, 2072.
Interested people must apply for a minimum of 10 units of share and they can apply for up to 10,000 unit of share.
Civil Capital Markets Limited has been assigned as the issue manager for the IPO issue.
The authorized and issued capital of company is Rs 46.57 crore and Rs 50 crore respectively. The Paid up capital of the company remains at Rs 32.60 crore. After the IPOfor the locals of project affected area, the paid up will reach Rs 37.25 crore.
ICRA Nepal has assigned an “[ICRANP] IPO Grade 4+”, indicating below-average fundamentals to the proposed Initial Public Offering (IPO) of Khanikhola HydropowerCompany.
After the IPO for the locals of project affected area, the company will be floating 9,31,429 units shares as a part of IPO for the general public.
Collection centers details:
| S.No |
Collection Center Name |
Contact Person |
Contact Number |
| 1. |
Khanikhola Hydropower Company Limited, Site Office, Ikdole, Lalitpur |
Jeewan Gurung |
01-6202366 |
| 2. |
Vibor Bikash Bank Limited, Branch office, TikaBhairav, Lalitpur |
Niranjan Thapa |
01-6200375/376 |
