KATHMANDU: Shweta Ganga Hydropower and Construction Limited has issued initial public offerings (IPO) for sale starting today.
The company has issued 1.593 million ordinary shares for the residents of the project-hit areas today, with a face value of Rs 100 per share. This is 10 percent of the total issued capital of Rs 1.59 billion.
The locals have to subscribe for a minimum of 10 units of shares to a maximum of 10,000 shares by June 20 and July 5.
Sanima Capital Limited is the issue manager.
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