KATHMANDU: Singati Hydro Energy Private Limited is issuing 2,900,000 units as IPO to the general- public at the par value of Rs. 100 per share to raise a capital worth Rs. 290 million.
The company is set to issue a total of 2.9 million units of shares i.e., 20% of the total issue from March 19. From the total of 2.9 million unit, 145 thousand units i.e. 5% are for the Mutual Fund. 2% of the total units i.e. 58 thousand units are for the employee of the company, and the remaining 2.697 million units are for the general-public.
The earliest closing date is March 23. If the issue is not subscribed till the earliest closing date then the issue will be extended till April 2.
Mega Capital Markets Limited has been appointed as the issue manager.
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