Dibyashwari Hydropower Company Limited has started floating 2,64,000 unit shares worth Rs 2.64 crore as part of its initial public offering (IPO) for the locals of Sankhuwasabha district (Dhupu, Syabun, Wana VDC and Chainpur Municipality Ward no. 8,9,11 project affected area) from Falgun 30, 2072. Today is the last day of the IPO.
Ram Kumar Mahat, Chief Operating Officer of Ace Capital Limited said, The total collection of the IPO is approximately Rs 3 crore till Chaitra 12, 2072. Around 2 hundred application forms were received. It is only tentative data final data is yet to be compiled ."
Eligible people must apply for a minimum of 50 units of share and they can apply for up to 10,000 unit of share.
Ace Capital Limited has been assigned as the issue manager for the IPO issue.
The authorized and issued capital of company is Rs 56 crore and Rs 26.40 crore respectively. The Paid up capital of the company remains at Rs 19.80 crore. After the IPO for the locals of project affected area, the paid up will reach Rs 26 crore.
After the IPO for the locals of project affected area, the company will be floating 3,96,000 units shares as a part of IPO for the general public.
Collection centers for this issue are as follows:
| S.No |
Collection Center Name |
Contact Person |
Contact Number |
| 1. |
Ace Development Bank Limited, Branch office, Khandbari, Sankhuwasabha |
Arun Kumar Shrestha |
9852051972 |
| 2. |
Dibyashwari Hydropower Limited , Dhup-2, Sankhuwasabha |
Purna Bahadur Budhathoki |
9851190288 |
| 3. |
Tribeni Bikas Bank Limited , Branch office, Itahari, Sunsari |
Maheswor Parajuli |
9852056141 |
