Upper Tamakoshi IPO for locals of Dolakha from Chaitra 8

ShareSansar March 15:

The project-affected locals of Dolakha district can start filing shares for Upper Tamakoshi Hydropower Limited from Chaitra 8. Earlier the date was set on Chaitra 1.

The project has set aside 10 percent (10,590,000 units) of the total shares for the locals of Dolakha district.

The minimum number of shares one must apply is 50 units. The maximum number of shares one can apply is 300 units i.e. for the people of Lamabagar and Gaurishankar V.D.C and for Municipality residences its 70 units

The IPO of the Upper Tamakoshi is the biggest ever in the capital market of Nepal in terms of the volume of shares. The 456-MW hydropower project has a paid-up capital of Rs 10.59 billion.

Upper Tamakoshi Hydropower IPO is being managed by Citizen Investment Trust and NCM Merchant Banking.

For More Details CLICK HERE