Monday, February 10th, 2025

IPO of Himalayan Hydropower allotted


12 July 2022  

Time taken to read : 2 Minute


  • A
  • A
  • A

KATHMANDU: Himalayan Hydropower has allotted the recently issued initial public offering (IPO) on Tuesday.

As per the company, a total of 1,595,554 applicants had applied for 17,754,300 units of shares. Out of them, 1,611 applications were canceled.

The IPO distribution took place on the premises of Global IME Capital, issue manager of the hydropower company.

Out of the approved 1,593,796 applications,183,047 applicants have been provided 10 units of shares. Out of them too, two lucky applicants were provided additional one unit.

Himalayan Hydropower issued IPO to the general public from June 29-July 3.

The company issued 1,968,250 units of ordinary shares, including 618,250 units unsubscribed units from the issue to the locals of affected area. Out of total offered units, two percent i.e. 39,365 units were set aside for employees and five percent i.e. 98,413 units for mutual funds.

As the issue was oversubscribed, the allotment took place as per Securities Issuance and Allotment Guidelines.

Publish Date : 12 July 2022 18:15 PM

Prachanda reiterates commitment to good-governance, prosperity and social justice

MAHOTTARI: CPN (Maoist Centre) Chair and former Prime Minister Pushpa

Dalit activist Sunar arrested while trying to enter Parliament building

KATHMANDU:  Dalit activist Khagendra Sunar, who has been protesting for

Energy Minister off to India to attend ‘India Energy Week-2025’

KATHMANDU: Minister for Energy, Water Resources and Irrigation, Deepak Khadka,

HoR passes Secured Transaction (first amendment) Bill, 2081

KATHMANDU: The House of Representatives has unanimously passed the Bill

Contempt of Court case against Prime Minister over Giribandhu case

KATHMANDU: A contempt of court case has been filed against