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Upper Solu Hydro Electric Company issues IPO


05 May 2022  

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KATHMANDU: Upper Solu Hydro Electric Company Limited is issuing initial public offerings (IPO) from today.

The company has issued IPO to the locals hit by the project.

According to the company, it has issued 1,350,000 units of IPO worth Rs 135,000,000 for Rs 100 per unit. Locals of Dudhkunda municipality can subscribe to this IPO.

Subscribers can apply from a minimum of 10 units to a maximum of 100,000. ICRA Nepal has assigned (ICRANP-IR) BB+ to this company.

NMB is the issue manager for the issuance of this company.

Publish Date : 05 May 2022 13:17 PM

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