Ngadi Group &  Dibyashree Hydropower to float IPO, waiting for approval from SEBON

Ngadi Groups Power Limited is planning to come out with IPO for the general public. The company will be floating 9,73,737 kittas shares for the general public. Ngadi IPO for the localas of project affected areas. Ngadi Group Power Limited has already floated 4,86,868 unit shares as part of its initial public offering (IPO)at face value of Rs 100,  for the locals of Lamjung (project affected area). Ngadi Group Power Limited owns a 5 MW Siuri Khola Hydropower Project. It lies in Bhulbhule VDC, Lamjung district. NIBL Capital Limited has been assigned as the issue manager for the IPO issue of Ngadi Groups Power. Dibyashree Hydropower Limited is planning to come out with IPO for local people. The company will be floating  2,64, 000 kittas to the locals of the project affected areas. The Hydropower project is situated at Dhupu VDC in Sankhuwasabha. The Hydropower project has the capacity of generating 4 MW electricity. Ace Capital Limited has been assigned as the issue manager for the IPO of Dibyashree Hydropower Company Limited. After the IPO for the locals of project affected is floated than the company will be floating  3,96,000 kittas for the general public.