Sikles Hydropower appoints BoK Capital Market to float its 20 lakh unit shares in IPO to general public; Kaski based 13 MW project already under operation for last 4 years

Sikles Hydro has appointed BoK Capital as issue manager to float its Rs 20 crore worth 20 lakh unit shares in IPO to the general public.

The agreement was signed between the Director of the hydro company Mr. Sunil Narayan Shrestha and the CEO of BoK Capital Market Mr. Kundan Sharma amid a program on Bhadra 23, 2078, as per the media statement.

Sikles Hydropower is a 13 MW Madi Gaupalika based hydro in Kaski district which has already completed its construction and is under operation since Chaitra 19, 2074, and has also distributed cash dividends to its shareholders from its earnings last fiscal year, as per the media statement.