Last date to apply for IPO of Himalayan Hydro


July 3, 2022


Last date to apply for IPO of Himalayan Hydro

KATHMANDU: Himalayan Hydropower Limited has stated that Sunday (today) is the last day for the public to apply for ordinary shares. The company has issued a total of 1,968,250 ordinary shares with a face value of Rs 100 per share since June 29.

Out of the total shares issued by the company, 39,365 shares have been reserved for the employees. Similarly, 98,413 shares have been distributed to the mutual fund. The general public will be able to apply for the remaining 1,830,472.

The company’s share issue and sale manager is Global IME Capital Limited. Investors will be able to apply for a minimum of 10 lots and a maximum of 1,000 lots.

All C-ASBA member banks and financial institutions and their branch offices that have received approval from the Nepal Securities Board can apply for the IPO of the company within the banking time period today. In addition, applications can also be submitted from Mero Share app and website.